1, NEWMARKET WAY, CHEADLE, STOKE-ON-TRENT, ST10 1UJ - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 NEWMARKET WAY is a very small extended semi-detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £186,280. It was last sold for £175,000 in March 2023, which was around 14% below the average March 2023 semi-detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

1 NEWMARKET WAY Sold Prices

Land registry data shows two sales for 1 NEWMARKET WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. Both of the two 1 NEWMARKET WAY sales were for below 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
2023 24 MAR	£175,000	£202,816	14% below HPI
2016 8 JUL	£127,000	£147,680	14% below HPI

1 NEWMARKET WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The two 1 NEWMARKET WAY sales from July 2016 and March 2023 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 July 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2023 sale, which was also at 14% below the HPI.

What might 1 NEWMARKET WAY be worth now?

1 NEWMARKET WAY might now be worth an estimated £186,280.

This is based on house price inflation of 6.4%, between March 2023 and February 2025, for semi-detached houses, in the Staffordshire Moorlands local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 1 NEWMARKET WAY of £175,000 on 24th March 2023. For the value to have increased from £175,000 to £186,280 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 1 NEWMARKET WAY has moved in line with the HPI for semi-detached houses in the Staffordshire Moorlands local authority area.
• The March 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEWMARKET WAY has not materially changed since March 2023.

How Large is 1 NEWMARKET WAY?

1 NEWMARKET WAY is 57m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of semi-detached houses houses in Cheadle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheadle, and where 1 NEWMARKET WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 1 NEWMARKET WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

1 NEWMARKET WAY: Plot and Title Map

1 NEWMARKET WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 1 NEWMARKET WAY, 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 1 NEWMARKET WAY). 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 1 NEWMARKET WAY?

1 NEWMARKET WAY is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 1 on NEWMARKET WAY.