39, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PW - £182,000

39 FORGE CLOSE is a very small extended detached house of 67m², built sometime between 1976 and 1982. It was last sold for £182,000 in October 2016, which was around 29% below the average October 2016 detached price in the Newport local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

39 FORGE CLOSE Sold Prices

Land registry data shows three sales for 39 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 39 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
2016 27 OCT	£182,000	£255,688	29% below HPI
2015 1 DEC	£162,000	£240,482	33% below HPI
2001 17 AUG	£82,000	£121,920	33% below HPI

39 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 39 FORGE CLOSE sales between August 2001 and October 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 December 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 39 FORGE CLOSE?

39 FORGE CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 39 FORGE CLOSE lies on this distribution: 3% of detached houses are smaller than 39 FORGE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

39 FORGE CLOSE: Plot and Title Map

39 FORGE CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 39 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 39 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 39 FORGE CLOSE?

39 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 39 on FORGE CLOSE.