42, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PW - £185,000

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

42 FORGE CLOSE is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £185,000 in November 2014, which was around 19% below the average November 2014 detached price in the Newport local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

42 FORGE CLOSE Sold Prices

Land registry data shows three sales for 42 FORGE CLOSE 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 42 FORGE CLOSE 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
2014 17 NOV	£185,000	£227,168	19% below HPI
2003 10 NOV	£157,500	£189,635	17% below HPI
1997 14 NOV	£75,500	£95,631	21% below HPI

42 FORGE CLOSE 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 42 FORGE CLOSE sales between November 1997 and November 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 November 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 42 FORGE CLOSE?

42 FORGE CLOSE is 92m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 42 FORGE CLOSE lies on this distribution: 20% of detached houses are smaller than 42 FORGE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

42 FORGE CLOSE: Plot and Title Map

42 FORGE CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 42 FORGE CLOSE, 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 42 FORGE CLOSE). 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 42 FORGE CLOSE?

42 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 42 on FORGE CLOSE.