22, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 FORGE LANE is a very large extended detached house of 323m², built sometime between 1976 and 1982. It was last sold for £500,000 in December 2014, which was around 120% above the average December 2014 detached price in the Newport local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was C.

22 FORGE LANE Sold Prices

Land registry data shows two sales for 22 FORGE LANE 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 22 FORGE LANE 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
2014 12 DEC	£500,000	£226,961	120% above HPI
1995 9 AUG	£230,000	£81,545	182% above HPI

22 FORGE LANE 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 22 FORGE LANE sales from August 1995 and December 2014 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 August 1995 sale was for 182% above the HPI. So the extrapolation line tracks at 182% above the HPI over time, until the December 2014 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is 22 FORGE LANE?

22 FORGE LANE is 323m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 22 FORGE LANE lies on this distribution: 99% of detached houses are smaller than 22 FORGE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Newport.

22 FORGE LANE: Plot and Title Map

22 FORGE LANE sits on a plot of roughly 0.557 of an acre, or 2,252m². The below map shows the location of 22 FORGE LANE, 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 22 FORGE LANE). 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 22 FORGE LANE?

22 FORGE LANE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 22 on FORGE LANE.