8, PRIORY VIEW, LANGSTONE, NEWPORT, NP18 2NZ - £310,000

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 PRIORY VIEW is a very small detached house of 86m², built sometime between 2007 and 2011. It was last sold for £310,000 in October 2023, which was around 20% below the average October 2023 detached price in the Newport local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

8 PRIORY VIEW Sold Prices

Land registry data shows two sales for 8 PRIORY VIEW 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 8 PRIORY VIEW sales were for below 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 26 OCT	£310,000	£386,966	20% below HPI
2007 19 JAN	£245,000	£249,769	2% below HPI

8 PRIORY VIEW 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 8 PRIORY VIEW sales from January 2007 and October 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 January 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 PRIORY VIEW?

8 PRIORY VIEW is 86m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% 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 PRIORY VIEW lies on this distribution: 8% of detached houses are smaller than 8 PRIORY VIEW, and 91% of houses are larger. Note that EPC data is not available for all properties in Langstone.

8 PRIORY VIEW: Plot and Title Map

8 PRIORY VIEW sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 8 PRIORY VIEW, 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 PRIORY VIEW). 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 PRIORY VIEW?

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