34, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £290,000

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

34 PRIORY WAY is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £290,000 in March 2020, which was around 10% below the average March 2020 detached price in the Newport local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

34 PRIORY WAY Sold Prices

Land registry data shows three sales for 34 PRIORY WAY 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 34 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
2020 13 MAR	£290,000	£322,715	10% below HPI
2016 14 NOV	£203,500	£256,950	21% below HPI
2000 23 AUG	£99,995	£107,034	7% below HPI

34 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 three 34 PRIORY WAY sales between August 2000 and March 2020 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 November 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 34 PRIORY WAY?

34 PRIORY WAY is 80m² according to the EPC inspection conducted in January 2020. 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 34 PRIORY WAY lies on this distribution: 4% of detached houses are smaller than 34 PRIORY WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Langstone.

34 PRIORY WAY: Plot and Title Map

34 PRIORY WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 34 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 34 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 34 PRIORY WAY?

34 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 34 on PRIORY WAY.