68, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PX - £105,000

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.

68 FORGE CLOSE is a very small terraced house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £134,423. It was last sold for £105,000 in July 2019, which was around 25% below the average July 2019 terraced price in the Newport local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

68 FORGE CLOSE Sold Prices

Land registry data shows six sales for 68 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Newport local authority area for the corresponding sale date. Most of the six 68 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
2019 13 JUL	£105,000	£140,096	25% below HPI
2008 17 MAR	£119,000	£118,253	1% above HPI
2007 29 OCT	£110,000	£123,307	11% below HPI
2004 25 OCT	£99,950	£98,478	1% above HPI
2003 30 SEP	£82,000	£76,234	8% above HPI
2002 28 JUN	£59,500	£54,948	8% above HPI

68 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 six 68 FORGE CLOSE sales between June 2002 and July 2019 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 March 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 68 FORGE CLOSE be worth now?

68 FORGE CLOSE might now be worth an estimated £134,423.

This is based on house price inflation of 28%, between July 2019 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 28% inflationary increase is applied to the most recent sale price for 68 FORGE CLOSE of £105,000 on 13th July 2019. For the value to have increased from £105,000 to £134,423 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 68 FORGE CLOSE has moved in line with the HPI for terraced houses in the Newport local authority area.
• The July 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 68 FORGE CLOSE has not materially changed since July 2019.

How Large is 68 FORGE CLOSE?

68 FORGE CLOSE is 63m² according to the EPC inspection conducted in January 2018. 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 68 FORGE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 68 FORGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

68 FORGE CLOSE: Plot and Title Map

68 FORGE CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 68 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 68 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 68 FORGE CLOSE?

68 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 68 on FORGE CLOSE.