12, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 PRIORY WAY is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £355,000 in December 2018, which was around 15% above the average December 2018 detached price in the Newport local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

12 PRIORY WAY Sold Prices

Land registry data shows two sales for 12 PRIORY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two 12 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
2018 4 DEC	£355,000	£307,526	15% above HPI
1999 21 DEC	£129,995	£104,323	25% above HPI

12 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 two 12 PRIORY WAY sales from December 1999 and December 2018 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 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 12 PRIORY WAY?

12 PRIORY WAY is 140m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 12 PRIORY WAY lies on this distribution: 62% of detached houses are smaller than 12 PRIORY WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Langstone.

12 PRIORY WAY: Plot and Title Map

12 PRIORY WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 12 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 12 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 12 PRIORY WAY?

12 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 12 on PRIORY WAY.