5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF - £590,000

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

5 FORGE LANE is a very large extended detached house of 202m², built sometime between 1930 and 1949. It was last sold for £590,000 in January 2023, which was around 50% above the average January 2023 detached price in the Newport local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

5 FORGE LANE Sold Prices

Land registry data shows two sales for 5 FORGE LANE since 1st 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 5 FORGE LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2023
12 JAN
£590,000£393,865
up arrow
50% above HPI
2006
12 JAN
£318,000£226,580
up arrow
40% above HPI

5 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 5 FORGE LANE sales from January 2006 and January 2023 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 January 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2023 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF: Price paid vs HM Land Registry's House Price Index

How Large is 5 FORGE LANE?

5 FORGE LANE is 202m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 5 FORGE LANE lies on this distribution: 95% of detached houses are smaller than 5 FORGE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Newport.

5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF: Size of property relative to detached houses in Newport

5 FORGE LANE: Plot and Title Map

5 FORGE LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 5 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 5 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.

5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF: Plot and title map

Where is 5 FORGE LANE?

5 FORGE LANE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 5 on FORGE LANE.

5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF: Location map and indicative extent of plot

All sales of detached houses on FORGE LANE

5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2023
12 JAN
£590,000
15, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2019
25 APR
£435,000
23, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG
2019
6 MAR
£240,000
13, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2014
17 JAN
£250,000
17, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG
2011
1 APR
£248,000
18, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG
2008
1 SEP
£200,000
5, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2006
12 JAN
£318,000
THE GROVE, 31A, FORGE LANE, BASSALEG, NEWPORT, NP10 8RD
2005
14 APR
£155,000
9, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2004
4 JUN
£337,500
12, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2002
4 OCT
£225,000
16, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2002
17 MAY
£269,950
9, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2001
14 DEC
£176,950
DUFFRYN COURT, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG
2001
20 JUL
£295,000
8, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF
2001
13 JUL
£172,000
26, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG
1995
31 JUL
£89,950
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.