8, CEDAR PLACE, NEWCASTLE UPON TYNE, NE15 9FP - £339,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 CEDAR PLACE is a large detached house of 127m², built in 2017. It was last sold for £339,950 in November 2022, which was around 3% below the average November 2022 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

8 CEDAR PLACE Sold Prices

Land registry data shows two sales for 8 CEDAR PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. One of the two 8 CEDAR PLACE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 25 NOV	£339,950	£349,690	3% below HPI
2020 17 SEP	£2,964,000	£316,620	836% above HPI

8 CEDAR PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 8 CEDAR PLACE sales from September 2020 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2020 sale was for 836% above the HPI. So the extrapolation line tracks at 836% above the HPI over time, until the November 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 CEDAR PLACE?

8 CEDAR PLACE is 127m² according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses in Throckley, based on EPC data. The below chart shows the distribution of detached houses by size in Throckley, and where 8 CEDAR PLACE lies on this distribution: 61% of detached houses are smaller than 8 CEDAR PLACE, and 36% of houses are larger. Note that EPC data is not available for all properties in Throckley.

8 CEDAR PLACE: Plot and Title Map

8 CEDAR PLACE sits on a plot of roughly 3.0 acres, or 11,963m². The below map shows the location of 8 CEDAR PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 CEDAR PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 CEDAR PLACE?

8 CEDAR PLACE is located in NEWCASTLE UPON TYNE, in the NE15 postcode district. The below map shows the position of No. 8 on CEDAR PLACE.