25, FORGE LANE, BASSALEG, NEWPORT, NP10 8NG - £139,000

25 FORGE LANE is a very large extended detached house of 195m², built sometime between 1900 and 1929. It was last sold for £139,000 in September 2002, which was around 4% below the average September 2002 detached price in the Newport local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

25 FORGE LANE Sold Prices

Land registry data shows two sales for 25 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 25 FORGE LANE 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
2002 20 SEP	£139,000	£144,522	4% below HPI
1996 20 SEP	£79,950	£81,911	2% below HPI

25 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 25 FORGE LANE sales from September 1996 and September 2002 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 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2002 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 25 FORGE LANE?

25 FORGE LANE is 195m², which includes three extensions, according to the EPC inspection conducted in January 2014. 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 25 FORGE LANE lies on this distribution: 94% of detached houses are smaller than 25 FORGE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newport.

25 FORGE LANE: Plot and Title Map

25 FORGE LANE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 25 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 25 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 25 FORGE LANE?

25 FORGE LANE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 25 on FORGE LANE.