THE OLD FORGE, SANDY LANE, BROWN EDGE, STOKE-ON-TRENT, ST6 8QL - £172,000

THE OLD FORGE is a midsized extended detached house of 90m², built sometime before 1900. It was last sold for £172,000 in June 2011, which was around 8% below the average June 2011 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

THE OLD FORGE Sold Prices

Land registry data shows four sales for THE OLD 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 Staffordshire Moorlands local authority area for the corresponding sale date. All of the four THE OLD 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
2011 6 JUN	£172,000	£186,937	8% below HPI
2000 10 MAR	£78,750	£79,835	1% below HPI
1998 13 JUL	£43,500	£76,608	43% below HPI
1997 24 OCT	£13,000	£72,914	82% below HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The four THE OLD FORGE sales between October 1997 and June 2011 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 March 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 90m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Brown Edge, based on EPC data. The below chart shows the distribution of detached houses by size in Brown Edge, and where THE OLD FORGE lies on this distribution: 51% of detached houses are smaller than THE OLD FORGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Brown Edge.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of THE OLD 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 OLD 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 OLD FORGE?

THE OLD FORGE is located on SANDY LANE in BROWN EDGE, in the ST6 postcode district. The below map shows the position of THE OLD FORGE on SANDY LANE.