THE FORGE, LABURNUM WALK, STONEHOUSE, GL10 2NR - £290,000

THE FORGE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £290,000 in March 2016, which was around 22% below the average March 2016 detached price in the Stroud local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

THE FORGE Sold Prices

Land registry data shows four sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Most of the four THE FORGE 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
2016 16 MAR	£290,000	£370,429	22% below HPI
2004 17 SEP	£237,000	£287,875	18% below HPI
2001 4 SEP	£210,000	£188,641	11% above HPI
1997 19 DEC	£109,950	£111,968	2% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The four THE FORGE sales between December 1997 and March 2016 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 September 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE FORGE?

THE FORGE is 76m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses by size in Stonehouse, and where THE FORGE lies on this distribution: 8% of detached houses are smaller than THE FORGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.068 of an acre, or 276m². 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 LABURNUM WALK in STONEHOUSE, in the GL10 postcode district. The below map shows the position of THE FORGE on LABURNUM WALK.