11, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PU - £125,000

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.

11 FORGE CLOSE is a very small extended terraced house of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £149,084. It was last sold for £125,000 in May 2021, which was around 17% below the average May 2021 terraced price in the Newport local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

11 FORGE CLOSE Sold Prices

Land registry data shows four sales for 11 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Newport local authority area for the corresponding sale date. Most of the four 11 FORGE CLOSE 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
2021 21 MAY	£125,000	£150,379	17% below HPI
2013 20 SEP	£90,000	£100,439	10% below HPI
2007 21 SEP	£114,000	£124,306	8% below HPI
2002 22 MAR	£52,000	£50,703	3% above HPI

11 FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newport local authority area over time, sourced from the HPI. The four 11 FORGE CLOSE sales between March 2002 and May 2021 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 11 FORGE CLOSE be worth now?

11 FORGE CLOSE might now be worth an estimated £149,084.

This is based on house price inflation of 19.3%, between May 2021 and June 2025, for terraced 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 19.3% inflationary increase is applied to the most recent sale price for 11 FORGE CLOSE of £125,000 on 21st May 2021. For the value to have increased from £125,000 to £149,084 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 11 FORGE CLOSE has moved in line with the HPI for terraced houses in the Newport local authority area.
• The May 2021 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FORGE CLOSE has not materially changed since May 2021.

How Large is 11 FORGE CLOSE?

11 FORGE CLOSE is 45m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of terraced houses houses in Caerleon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caerleon, and where 11 FORGE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 11 FORGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

11 FORGE CLOSE: Plot and Title Map

11 FORGE CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 11 FORGE CLOSE, 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 11 FORGE CLOSE). 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 11 FORGE CLOSE?

11 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 11 on FORGE CLOSE.