55, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PX - £157,000

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.

55 FORGE CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £169,931. It was last sold for £157,000 in August 2022, which was around 11% below the average August 2022 terraced price in the Newport local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

55 FORGE CLOSE Sold Prices

Land registry data shows one sale for 55 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Newport local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 25 AUG	£157,000	£175,976	11% below HPI

What might 55 FORGE CLOSE be worth now?

55 FORGE CLOSE might now be worth an estimated £169,931.

This is based on house price inflation of 8.2%, between August 2022 and April 2026, 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 8.2% inflationary increase is applied to the most recent sale price for 55 FORGE CLOSE of £157,000 on 25th August 2022. For the value to have increased from £157,000 to £169,931 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 55 FORGE CLOSE has moved in line with the HPI for terraced houses in the Newport local authority area.
• The August 2022 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 55 FORGE CLOSE has not materially changed since August 2022.

How Large is 55 FORGE CLOSE?

55 FORGE CLOSE is 54m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of terraced houses in Caerleon, based on EPC data. The below chart shows the distribution of terraced houses by size in Caerleon, and where 55 FORGE CLOSE lies on this distribution: 9% of terraced houses are smaller than 55 FORGE CLOSE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Caerleon.

55 FORGE CLOSE: Plot

55 FORGE CLOSE sits on a plot of roughly 0.051 of an acre, or 207m².

Where is 55 FORGE CLOSE?

55 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district.