4, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PU - £323,000

4 FORGE CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £323,000 in August 2022, which was around 19% below the average August 2022 detached price in the Newport local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

4 FORGE CLOSE Sold Prices

Land registry data shows three sales for 4 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 4 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
2022 10 AUG	£323,000	£398,039	19% below HPI
2017 8 SEP	£265,000	£271,975	3% below HPI
1996 30 AUG	£69,000	£81,590	15% below HPI

4 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 4 FORGE CLOSE sales between August 1996 and August 2022 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 FORGE CLOSE?

4 FORGE CLOSE is 120m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 4 FORGE CLOSE lies on this distribution: 48% of detached houses are smaller than 4 FORGE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

4 FORGE CLOSE: Plot and Title Map

4 FORGE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 4 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 4 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 4 FORGE CLOSE?

4 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 4 on FORGE CLOSE.