THE FORGE, BISHTON ROAD, LLANWERN, NEWPORT, NP18 2DN - £670,000

THE FORGE is a large extended detached house of 147m², built sometime before 1900. It was last sold for £670,000 in August 2021, which was around 87% above the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was February 2012, where the current energy rating was F, and the potential energy rating was F.

THE FORGE Sold Prices

Land registry data shows three sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three THE FORGE 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
2021 2 AUG	£670,000	£358,770	87% above HPI
2018 20 JUL	£442,500	£298,255	48% above HPI
2012 19 OCT	£345,000	£221,034	56% above HPI

THE FORGE 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 three THE FORGE sales between October 2012 and August 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 2018 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2021 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is THE FORGE?

THE FORGE is 147m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Llanwern, based on EPC data. The below chart shows the distribution of detached houses by size in Llanwern, and where THE FORGE lies on this distribution: 69% of detached houses are smaller than THE FORGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Llanwern.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.295 of an acre, or 1,194m². The below map shows the location of THE FORGE, 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 THE FORGE). 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 THE FORGE?

THE FORGE is located on BISHTON ROAD in LLANWERN, in the NP18 postcode district. The below map shows the position of THE FORGE on BISHTON ROAD.