31, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PU - £220,000

31 FORGE CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £220,000 in September 2021, which was around 39% below the average September 2021 detached price in the Newport local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

31 FORGE CLOSE Sold Prices

Land registry data shows three sales for 31 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 31 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 8 SEP	£220,000	£362,747	39% below HPI
2014 19 JAN	£170,000	£216,135	21% below HPI
2004 7 SEP	£169,000	£215,145	21% below HPI

31 FORGE CLOSE 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 three 31 FORGE CLOSE sales between September 2004 and September 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 January 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 31 FORGE CLOSE?

31 FORGE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 31 FORGE CLOSE lies on this distribution: 23% of detached houses are smaller than 31 FORGE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

31 FORGE CLOSE: Plot and Title Map

31 FORGE CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 31 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 31 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 31 FORGE CLOSE?

31 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 31 on FORGE CLOSE.