OAKLEAVES, OLD ROMAN ROAD, LANGSTONE, NEWPORT, NP18 2JU - £295,000

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

OAKLEAVES is a large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £295,000 in July 2016, which was around 16% above the average July 2016 detached price in the Newport local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

OAKLEAVES Sold Prices

Land registry data shows three sales for OAKLEAVES 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 OAKLEAVES 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
2016 11 JUL	£295,000	£253,526	16% above HPI
2002 20 JUN	£229,950	£136,847	68% above HPI
1999 5 FEB	£146,000	£97,191	50% above HPI

OAKLEAVES 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 OAKLEAVES sales between February 1999 and July 2016 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 June 2002 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the July 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is OAKLEAVES?

OAKLEAVES is 150m² according to the EPC inspection conducted in April 2014. 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 OAKLEAVES lies on this distribution: 70% of detached houses are smaller than OAKLEAVES, and 30% of houses are larger. Note that EPC data is not available for all properties in Langstone.

OAKLEAVES: Plot and Title Map

OAKLEAVES sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of OAKLEAVES, 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 OAKLEAVES). 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 OAKLEAVES?

OAKLEAVES is located on OLD ROMAN ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of OAKLEAVES on OLD ROMAN ROAD.