1, STOCKWOOD CLOSE, LANGSTONE, NEWPORT, NP18 2NW - £284,000

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 STOCKWOOD CLOSE is a very small extended detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £350,451. It was last sold for £284,000 in August 2020, which was around 10% below the average August 2020 detached price in the Newport local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

1 STOCKWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 STOCKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 1 STOCKWOOD CLOSE 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
2020 6 AUG	£284,000	£316,982	10% below HPI
2006 21 SEP	£193,000	£238,282	19% below HPI
2002 28 JUN	£110,995	£133,708	17% below HPI

1 STOCKWOOD CLOSE 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 three 1 STOCKWOOD CLOSE sales between June 2002 and August 2020 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 STOCKWOOD CLOSE be worth now?

1 STOCKWOOD CLOSE might now be worth an estimated £350,451.

This is based on house price inflation of 23.4%, between August 2020 and February 2025, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 1 STOCKWOOD CLOSE of £284,000 on 6th August 2020. For the value to have increased from £284,000 to £350,451 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 1 STOCKWOOD CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The August 2020 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 1 STOCKWOOD CLOSE has not materially changed since August 2020.

How Large is 1 STOCKWOOD CLOSE?

1 STOCKWOOD CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langstone, and where 1 STOCKWOOD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 STOCKWOOD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Langstone.

1 STOCKWOOD CLOSE: Plot and Title Map

1 STOCKWOOD CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 STOCKWOOD CLOSE, 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 STOCKWOOD CLOSE). 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 STOCKWOOD CLOSE?

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