THE ELMS, OLD ROMAN ROAD, LANGSTONE, NEWPORT, NP18 2JU - £900,000

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

THE ELMS is a very large extended detached house of 350m², built sometime between 1983 and 1990. It was last sold for £900,000 in August 2021, which was around 161% above the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 THE ELMS 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
2021 27 AUG	£900,000	£344,523	161% above HPI
2015 21 JUL	£460,000	£237,977	93% above HPI

THE ELMS 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 THE ELMS sales from July 2015 and August 2021 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 July 2015 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the August 2021 sale, where it rises to 161% above the HPI. The line then continues to track at 161% above the HPI.

How Large is THE ELMS?

THE ELMS is 350m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 THE ELMS lies on this distribution: 99% of detached houses are smaller than THE ELMS, and 1% of houses are larger. Note that EPC data is not available for all properties in Langstone.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.528 of an acre, or 2,135m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

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