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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CEDAR PLACE is a large detached house of 127m², built in 2017, which could now be worth an estimated £386,748. 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	£350,872	3% below HPI
2020 17 SEP	£2,964,000	£317,690	833% 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 833% above the HPI. So the extrapolation line tracks at 833% 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.

What might 8 CEDAR PLACE be worth now?

8 CEDAR PLACE might now be worth an estimated £386,748.

This is based on house price inflation of 13.8%, between November 2022 and December 2024, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 8 CEDAR PLACE of £339,950 on 25th November 2022. For the value to have increased from £339,950 to £386,748 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 CEDAR PLACE has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The November 2022 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 8 CEDAR PLACE has not materially changed since November 2022.

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 houses in Throckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Throckley, and where 8 CEDAR PLACE lies on this distribution: 61% of detached houses houses are smaller than 8 CEDAR PLACE, and 37% 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 0.093 of an acre, or 376m². 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.