44, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PW - £128,000

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.

44 FORGE CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £188,918. It was last sold for £128,000 in September 2017, which was around 5% above the average September 2017 terraced price in the Newport local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

44 FORGE CLOSE Sold Prices

Land registry data shows three sales for 44 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Newport local authority area for the corresponding sale date. All of the three 44 FORGE CLOSE sales were for above 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
2017 28 SEP	£128,000	£121,519	5% above HPI
2003 27 JUN	£85,000	£68,963	23% above HPI
1997 7 FEB	£43,000	£38,003	13% above HPI

44 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 three 44 FORGE CLOSE sales between February 1997 and September 2017 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 June 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 44 FORGE CLOSE be worth now?

44 FORGE CLOSE might now be worth an estimated £188,918.

This is based on house price inflation of 47.6%, between September 2017 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 47.6% inflationary increase is applied to the most recent sale price for 44 FORGE CLOSE of £128,000 on 28th September 2017. For the value to have increased from £128,000 to £188,918 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 44 FORGE CLOSE has moved in line with the HPI for terraced houses in the Newport local authority area.
• The September 2017 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 44 FORGE CLOSE has not materially changed since September 2017.

How Large is 44 FORGE CLOSE?

44 FORGE CLOSE is 54m² according to the EPC inspection conducted in June 2020. 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 44 FORGE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 44 FORGE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

44 FORGE CLOSE: Plot and Title Map

44 FORGE CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 44 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 44 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 44 FORGE CLOSE?

44 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 44 on FORGE CLOSE.