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

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 SILURE WAY is a very small extended detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £323,901. It was last sold for £320,000 in August 2023, which was around 16% 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	£381,524	16% below HPI
2003 17 OCT	£157,500	£180,939	13% below HPI
2002 12 JUL	£131,808	£136,733	4% below HPI
2002 2 JAN	£109,995	£124,424	12% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 SILURE WAY be worth now?

15 SILURE WAY might now be worth an estimated £323,901.

This is based on house price inflation of 1.2%, between August 2023 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 1.2% inflationary increase is applied to the most recent sale price for 15 SILURE WAY of £320,000 on 18th August 2023. For the value to have increased from £320,000 to £323,901 over the eight months to December 2024, the following assumptions must hold true:

• The value of 15 SILURE WAY has moved in line with the HPI for detached houses in the Newport local authority area.
• The August 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SILURE WAY has not materially changed since August 2023.

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 houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langstone, and where 15 SILURE WAY lies on this distribution: 5% of detached houses 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.