3, PRIORY DRIVE, LANGSTONE, NEWPORT, NP18 2JD - £540,000

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

3 PRIORY DRIVE is a large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £540,000 in August 2023, which was around 39% above the average August 2023 detached price in the Newport local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

3 PRIORY DRIVE Sold Prices

Land registry data shows three sales for 3 PRIORY DRIVE 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 3 PRIORY DRIVE 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
2023 9 AUG	£540,000	£389,762	39% above HPI
2018 8 JUN	£415,000	£295,428	40% above HPI
1999 31 MAR	£174,995	£96,561	81% above HPI

3 PRIORY DRIVE 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 3 PRIORY DRIVE sales between March 1999 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 June 2018 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2023 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 3 PRIORY DRIVE?

3 PRIORY DRIVE is 172m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 3 PRIORY DRIVE lies on this distribution: 79% of detached houses are smaller than 3 PRIORY DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Langstone.

3 PRIORY DRIVE: Plot and Title Map

3 PRIORY DRIVE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 3 PRIORY DRIVE, 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 3 PRIORY DRIVE). 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 3 PRIORY DRIVE?

3 PRIORY DRIVE is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 3 on PRIORY DRIVE.