41, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 PRIORY WAY is a large extended detached house of 151m², built sometime between 1996 and 2002. It was last sold for £465,000 in November 2023, which was around 19% above the average November 2023 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 C.

41 PRIORY WAY Sold Prices

Land registry data shows four sales for 41 PRIORY 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. Most of the four 41 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
2023 30 NOV	£465,000	£389,705	19% above HPI
2012 29 NOV	£230,000	£221,084	4% above HPI
2007 15 JUN	£234,950	£259,627	10% below HPI
1999 17 SEP	£106,995	£97,851	9% above HPI

41 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 four 41 PRIORY WAY sales between September 1999 and November 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 November 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 41 PRIORY WAY?

41 PRIORY WAY is 151m², which includes one extension, according to the EPC inspection conducted in June 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 41 PRIORY WAY lies on this distribution: 70% of detached houses are smaller than 41 PRIORY WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Langstone.

41 PRIORY WAY: Plot and Title Map

41 PRIORY WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 41 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 41 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 41 PRIORY WAY?

41 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 41 on PRIORY WAY.