10, FORGE LANE, BASSALEG, NEWPORT, NP10 8NF - £343,000

10 FORGE LANE is a very large extended detached house of 194m², built sometime between 1930 and 1949. It was last sold for £343,000 in February 2016, which was around 42% above the average February 2016 detached price in the Newport local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

10 FORGE LANE Sold Prices

Land registry data shows four sales for 10 FORGE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the four 10 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
2016 12 FEB	£343,000	£241,781	42% above HPI
2012 27 SEP	£315,000	£221,357	42% above HPI
1998 1 JUL	£115,000	£94,046	22% above HPI
1998 24 APR	£85,250	£91,937	7% below HPI

10 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 four 10 FORGE LANE sales between April 1998 and February 2016 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 September 2012 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2016 sale, which was also at 42% above the HPI.

How Large is 10 FORGE LANE?

10 FORGE LANE is 194m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 10 FORGE LANE lies on this distribution: 94% of detached houses are smaller than 10 FORGE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newport.

10 FORGE LANE: Plot and Title Map

10 FORGE LANE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 10 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 10 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 10 FORGE LANE?

10 FORGE LANE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 10 on FORGE LANE.