43, PRIORY WAY, LANGSTONE, NEWPORT, NP18 2JE - £390,000

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

43 PRIORY WAY is a large extended detached house of 152m², built sometime between 1996 and 2002. It was last sold for £390,000 in March 2023, which was about the average March 2023 detached price in the Newport local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

43 PRIORY WAY Sold Prices

Land registry data shows two sales for 43 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. One of the two 43 PRIORY WAY sales was roughly equal to the average price, whilst the other was 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 17 MAR	£390,000	£390,988	Close to HPI
2001 16 NOV	£144,995	£124,645	16% above HPI

43 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 43 PRIORY WAY sales from November 2001 and March 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 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 43 PRIORY WAY?

43 PRIORY WAY is 152m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 43 PRIORY WAY lies on this distribution: 71% of detached houses are smaller than 43 PRIORY WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Langstone.

43 PRIORY WAY: Plot and Title Map

43 PRIORY WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 43 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 43 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 43 PRIORY WAY?

43 PRIORY WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 43 on PRIORY WAY.