2, NEWMARKET WAY, CHEADLE, STOKE-ON-TRENT, ST10 1UJ - £110,000

2 NEWMARKET WAY is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £110,000 in December 2017, which was around 55% below the average December 2017 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2 NEWMARKET WAY Sold Prices

Land registry data shows four sales for 2 NEWMARKET WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the four 2 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
2017 15 DEC	£110,000	£242,020	55% below HPI
2010 1 SEP	£139,950	£195,602	28% below HPI
1998 23 JUL	£60,000	£76,608	22% below HPI
1997 27 MAR	£57,500	£68,868	17% below HPI

2 NEWMARKET WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The four 2 NEWMARKET WAY sales between March 1997 and December 2017 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 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 2 NEWMARKET WAY?

2 NEWMARKET WAY is 66m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 2 NEWMARKET WAY lies on this distribution: 11% of detached houses are smaller than 2 NEWMARKET WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

2 NEWMARKET WAY: Plot and Title Map

2 NEWMARKET WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 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 2 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 2 NEWMARKET WAY?

2 NEWMARKET WAY is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 2 on NEWMARKET WAY.