15, SILURE WAY, LANGSTONE, NEWPORT, NP18 2NU - £320,000

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

15 SILURE WAY is a very small extended detached house of 82m², built sometime between 2003 and 2006. It was last sold for £320,000 in August 2023, which was around 18% below the average August 2023 detached price in the Newport local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

15 SILURE WAY Sold Prices

Land registry data shows four sales for 15 SILURE 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 Newport local authority area for the corresponding sale date. All of the four 15 SILURE 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
2023 18 AUG	£320,000	£390,482	18% below HPI
2003 17 OCT	£157,500	£185,188	15% below HPI
2002 12 JUL	£131,808	£139,943	6% below HPI
2002 2 JAN	£109,995	£127,345	14% below HPI

15 SILURE 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 four 15 SILURE WAY sales between January 2002 and August 2023 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 October 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 SILURE WAY?

15 SILURE WAY is 82m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 15 SILURE WAY lies on this distribution: 5% of detached houses are smaller than 15 SILURE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Langstone.

15 SILURE WAY: Plot and Title Map

15 SILURE WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 15 SILURE 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 SILURE 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 SILURE WAY?

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