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

1 FORGE COTTAGES is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £180,000 in September 2009, which was around 15% 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	£212,003	15% below HPI
2001 17 AUG	£85,000	£121,920	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2009 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 FORGE COTTAGES?

1 FORGE COTTAGES is 133m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 1 FORGE COTTAGES lies on this distribution: 61% of detached houses are smaller than 1 FORGE COTTAGES, and 39% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

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.