6, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PU - £285,000

6 FORGE CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £285,000 in February 2021, which was around 18% below the average February 2021 detached price in the Newport local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

6 FORGE CLOSE Sold Prices

Land registry data shows two sales for 6 FORGE CLOSE 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 6 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 26 FEB	£285,000	£346,508	18% below HPI
2002 12 JUL	£99,950	£139,943	29% below HPI

6 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 two 6 FORGE CLOSE sales from July 2002 and February 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 July 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 6 FORGE CLOSE?

6 FORGE CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 6 FORGE CLOSE lies on this distribution: 31% of detached houses are smaller than 6 FORGE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

6 FORGE CLOSE: Plot and Title Map

6 FORGE CLOSE sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 6 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 6 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 6 FORGE CLOSE?

6 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 6 on FORGE CLOSE.