42, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £220,000

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

42 PRIORY WAY is a small extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £220,000 in April 2007, which was around 11% below the average April 2007 detached price in the Newport local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

42 PRIORY WAY Sold Prices

Land registry data shows three sales for 42 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. One of the three 42 PRIORY WAY sales was for below the average price, whilst two 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
2007 27 APR	£220,000	£248,564	11% below HPI
2002 26 SEP	£164,000	£144,522	13% above HPI
1999 24 SEP	£110,495	£97,851	13% above HPI

42 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 42 PRIORY WAY sales between September 1999 and April 2007 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 September 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2007 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 42 PRIORY WAY?

42 PRIORY WAY is 111m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 42 PRIORY WAY lies on this distribution: 34% of detached houses are smaller than 42 PRIORY WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Langstone.

42 PRIORY WAY: Plot and Title Map

42 PRIORY WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 42 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 42 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 42 PRIORY WAY?

42 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 42 on PRIORY WAY.