6, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF - £460,000

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

6 FORGE LANE is a very large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £460,000 in October 2018, which was around 48% above the average October 2018 detached price in the Newport local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

6 FORGE LANE Sold Prices

Land registry data shows two sales for 6 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 6 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
2018 18 OCT	£460,000	£309,999	48% above HPI
2000 15 DEC	£157,000	£115,882	35% above HPI

6 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 6 FORGE LANE sales from December 2000 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 December 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2018 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 6 FORGE LANE?

6 FORGE LANE is 165m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 6 FORGE LANE lies on this distribution: 89% of detached houses are smaller than 6 FORGE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Newport.

6 FORGE LANE: Plot and Title Map

6 FORGE LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 6 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 6 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 6 FORGE LANE?

6 FORGE LANE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 6 on FORGE LANE.