8, LANGSTONE RISE, LANGSTONE, NEWPORT, NP18 2JQ - £475,000

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

8 LANGSTONE RISE is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £475,000 in July 2023, which was around 20% above the average July 2023 detached price in the Newport local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

8 LANGSTONE RISE Sold Prices

Land registry data shows three sales for 8 LANGSTONE RISE 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 8 LANGSTONE RISE 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 7 JUL	£475,000	£395,343	20% above HPI
2002 11 MAR	£180,000	£128,712	40% above HPI
1999 16 SEP	£146,500	£97,851	50% above HPI

8 LANGSTONE RISE 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 8 LANGSTONE RISE sales between September 1999 and July 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 March 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2023 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 LANGSTONE RISE?

8 LANGSTONE RISE is 148m², which includes two extensions, according to the EPC inspection conducted in February 2016. 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 8 LANGSTONE RISE lies on this distribution: 68% of detached houses are smaller than 8 LANGSTONE RISE, and 32% of houses are larger. Note that EPC data is not available for all properties in Langstone.

8 LANGSTONE RISE: Plot and Title Map

8 LANGSTONE RISE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 8 LANGSTONE RISE, 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 8 LANGSTONE RISE). 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 8 LANGSTONE RISE?

8 LANGSTONE RISE is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 8 on LANGSTONE RISE.