1, FORGE COTTAGES, CAERLEON, NEWPORT, NP18 3NX - £180,000

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.

1 FORGE COTTAGES is a extended detached house, built sometime between 1900 and 1929, which could now be worth an estimated £347,341. It was last sold for £180,000 in September 2009, which was around 13% below the average September 2009 detached price in the Newport local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

1 FORGE COTTAGES Sold Prices

Land registry data shows two sales for 1 FORGE COTTAGES 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 1 FORGE COTTAGES 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
2009 25 SEP	£180,000	£207,140	13% below HPI
2001 17 AUG	£85,000	£119,123	29% below HPI

1 FORGE COTTAGES 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 1 FORGE COTTAGES sales from August 2001 and September 2009 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2009 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 FORGE COTTAGES be worth now?

1 FORGE COTTAGES might now be worth an estimated £347,341.

This is based on house price inflation of 93%, between September 2009 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 93% inflationary increase is applied to the most recent sale price for 1 FORGE COTTAGES of £180,000 on 25th September 2009. For the value to have increased from £180,000 to £347,341 over the seventeen years and two months to July 2026, the following assumptions must hold true:

• The value of 1 FORGE COTTAGES has moved in line with the HPI for detached houses in the Newport local authority area.
• The September 2009 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FORGE COTTAGES has not materially changed since September 2009.

1 FORGE COTTAGES: Plot and Title Map

1 FORGE COTTAGES sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 1 FORGE COTTAGES, 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 1 FORGE COTTAGES). 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 1 FORGE COTTAGES?

1 FORGE COTTAGES is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 1 on FORGE COTTAGES.