FORGE HAMMER COTTAGE, PONTHIR ROAD, CAERLEON, NEWPORT, NP18 3NY - £370,000

FORGE HAMMER COTTAGE is a large extended detached house of 133m², built sometime before 1900. It was last sold for £370,000 in September 2022, which was around 4% below the average September 2022 detached price in the Newport local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

FORGE HAMMER COTTAGE Sold Prices

Land registry data shows two sales for FORGE HAMMER COTTAGE 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. One of the two FORGE HAMMER COTTAGE sales was for below the average price, whilst the other was 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
2022 20 SEP	£370,000	£383,610	4% below HPI
1998 23 OCT	£118,000	£98,025	20% above HPI

FORGE HAMMER COTTAGE 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 FORGE HAMMER COTTAGE sales from October 1998 and September 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 October 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FORGE HAMMER COTTAGE?

FORGE HAMMER COTTAGE is 133m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 FORGE HAMMER COTTAGE lies on this distribution: 61% of detached houses are smaller than FORGE HAMMER COTTAGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

FORGE HAMMER COTTAGE: Plot and Title Map

FORGE HAMMER COTTAGE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of FORGE HAMMER COTTAGE, 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 FORGE HAMMER COTTAGE). 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 FORGE HAMMER COTTAGE?

FORGE HAMMER COTTAGE is located on PONTHIR ROAD in CAERLEON, in the NP18 postcode district. The below map shows the position of FORGE HAMMER COTTAGE on PONTHIR ROAD.