16, SILURE WAY, LANGSTONE, NEWPORT, NP18 2NU - £269,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 SILURE WAY is a very small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £354,991. It was last sold for £269,000 in October 2018, which was around 11% below the average October 2018 detached price in the Newport local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

16 SILURE WAY Sold Prices

Land registry data shows three sales for 16 SILURE WAY 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 16 SILURE WAY 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
2018 29 OCT	£269,000	£302,888	11% below HPI
2014 14 MAY	£212,200	£223,390	5% below HPI
2001 29 JUN	£108,995	£117,621	7% below HPI

16 SILURE 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 three 16 SILURE WAY sales between June 2001 and October 2018 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 SILURE WAY be worth now?

16 SILURE WAY might now be worth an estimated £354,991.

This is based on house price inflation of 32%, between October 2018 and July 2026, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32% inflationary increase is applied to the most recent sale price for 16 SILURE WAY of £269,000 on 29th October 2018. For the value to have increased from £269,000 to £354,991 over the eight years and three months to July 2026, the following assumptions must hold true:

• The value of 16 SILURE WAY has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2018 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SILURE WAY has not materially changed since October 2018.

How Large is 16 SILURE WAY?

16 SILURE WAY is 89m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langstone, and where 16 SILURE WAY lies on this distribution: 12% of detached houses houses are smaller than 16 SILURE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Langstone.

16 SILURE WAY: Plot and Title Map

16 SILURE WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 16 SILURE 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 16 SILURE 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 16 SILURE WAY?

16 SILURE WAY is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 16 on SILURE WAY.