31, THE NURSERIES, LANGSTONE, NEWPORT, NP18 2NT - £385,000

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

31 THE NURSERIES is a small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £385,000 in June 2024, which was around 1% below the average June 2024 detached price in the Newport local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

31 THE NURSERIES Sold Prices

Land registry data shows two sales for 31 THE NURSERIES 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. One of the two 31 THE NURSERIES sales was for below the average price, whilst the other was roughly equal to 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
2024 24 JUN	£385,000	£389,527	1% below HPI
2001 29 JUN	£120,000	£120,383	Close to HPI

31 THE NURSERIES 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 31 THE NURSERIES sales from June 2001 and June 2024 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 31 THE NURSERIES?

31 THE NURSERIES is 100m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 31 THE NURSERIES lies on this distribution: 23% of detached houses are smaller than 31 THE NURSERIES, and 76% of houses are larger. Note that EPC data is not available for all properties in Langstone.

31 THE NURSERIES: Plot and Title Map

31 THE NURSERIES sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 31 THE NURSERIES, 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 31 THE NURSERIES). 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 31 THE NURSERIES?

31 THE NURSERIES is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 31 on THE NURSERIES.