1, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £316,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PRIORY WAY is a very large detached house of 182m², built sometime between 1996 and 2002. It was last sold for £316,000 in May 2012, which was around 51% above the average May 2012 detached price in the Newport local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

1 PRIORY WAY Sold Prices

Land registry data shows five sales for 1 PRIORY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the five 1 PRIORY WAY sales were 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
2012 11 MAY	£316,000	£209,580	51% above HPI
2006 11 DEC	£350,000	£250,666	40% above HPI
2006 5 JUN	£249,900	£239,567	4% above HPI
2004 20 DEC	£275,000	£223,085	23% above HPI
1999 10 SEP	£178,495	£97,851	82% above HPI

1 PRIORY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The five 1 PRIORY WAY sales between September 1999 and May 2012 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 December 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2012 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 1 PRIORY WAY?

1 PRIORY WAY is 182m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 1 PRIORY WAY lies on this distribution: 83% of detached houses are smaller than 1 PRIORY WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Langstone.

1 PRIORY WAY: Plot and Title Map

1 PRIORY WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 1 PRIORY 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 PRIORY 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 PRIORY WAY?

1 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 1 on PRIORY WAY.