38, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £249,950

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

38 PRIORY WAY is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £249,950 in October 2010, which was around 7% above the average October 2010 detached price in the Newport local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

38 PRIORY WAY Sold Prices

Land registry data shows two sales for 38 PRIORY WAY 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. Both of the two 38 PRIORY WAY 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
2010 5 OCT	£249,950	£234,120	7% above HPI
1999 26 NOV	£128,995	£102,160	26% above HPI

38 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 two 38 PRIORY WAY sales from November 1999 and October 2010 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 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2010 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 38 PRIORY WAY?

38 PRIORY WAY is 142m² according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 38 PRIORY WAY lies on this distribution: 64% of detached houses are smaller than 38 PRIORY WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Langstone.

38 PRIORY WAY: Plot and Title Map

38 PRIORY WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 38 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 38 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 38 PRIORY WAY?

38 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 38 on PRIORY WAY.