THE FORGE, NEW ROAD, SOUTHSEA, WREXHAM, LL11 5PU - £160,000

THE FORGE is a small extended detached house of 95m², built sometime between 2003 and 2006. It was last sold for £160,000 in May 2018, which was around 29% below the average May 2018 detached price in the Wrexham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

THE FORGE Sold Prices

Land registry data shows two sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Both of the two 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
2018 25 MAY	£160,000	£225,593	29% below HPI
2004 16 JUL	£140,000	£170,844	18% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The two THE FORGE sales from July 2004 and May 2018 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE FORGE?

THE FORGE is 95m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses in Brynteg, based on EPC data. The below chart shows the distribution of detached houses by size in Brynteg, and where THE FORGE lies on this distribution: 39% of detached houses are smaller than THE FORGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Brynteg.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.049 of an acre, or 200m². 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 NEW ROAD in SOUTHSEA, in the LL11 postcode district. The below map shows the position of THE FORGE on NEW ROAD.