15, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £220,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PRIORY WAY is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £220,500 in October 2015, which was around 5% below the average October 2015 detached price in the Newport local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

15 PRIORY WAY Sold Prices

Land registry data shows five sales for 15 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. Most of the five 15 PRIORY 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
2015 5 OCT	£220,500	£233,164	5% below HPI
2013 10 MAY	£214,000	£209,885	2% above HPI
2004 30 JUN	£194,950	£199,566	2% below HPI
2003 7 NOV	£27,000	£185,284	85% below HPI
2000 29 FEB	£107,995	£100,198	8% above HPI

15 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 15 PRIORY WAY sales between February 2000 and October 2015 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 May 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 PRIORY WAY be worth now?

15 PRIORY WAY might now be worth an estimated £365,200.

This is based on house price inflation of 65.6%, between October 2015 and December 2024, 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 65.6% inflationary increase is applied to the most recent sale price for 15 PRIORY WAY of £220,500 on 5th October 2015. For the value to have increased from £220,500 to £365,200 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 PRIORY WAY has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2015 sale price of £220,500 represented a fair market value for the property.
• The size, condition, and specification of 15 PRIORY WAY has not materially changed since October 2015.

How Large is 15 PRIORY WAY?

15 PRIORY WAY is 100m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% 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 15 PRIORY WAY lies on this distribution: 23% of detached houses houses are smaller than 15 PRIORY WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Langstone.

15 PRIORY WAY: Plot and Title Map

15 PRIORY WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 15 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 15 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 15 PRIORY WAY?

15 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 15 on PRIORY WAY.