12, OLD FORGE ROAD, ASHBY MAGNA, LUTTERWORTH, LE17 5NL - £293,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 OLD FORGE ROAD is a very small extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £293,500 in July 2014, which was around 8% below the average July 2014 detached price in the Harborough local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

12 OLD FORGE ROAD Sold Prices

Land registry data shows two sales for 12 OLD FORGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 12 OLD FORGE ROAD 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
2014 25 JUL	£293,500	£318,505	8% below HPI
2013 12 APR	£217,800	£281,009	22% below HPI

12 OLD FORGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 12 OLD FORGE ROAD sales from April 2013 and July 2014 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 April 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 OLD FORGE ROAD?

12 OLD FORGE ROAD is 106m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Ashby Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Ashby Magna, and where 12 OLD FORGE ROAD lies on this distribution: 18% of detached houses are smaller than 12 OLD FORGE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Ashby Magna.

12 OLD FORGE ROAD: Plot and Title Map

12 OLD FORGE ROAD sits on a plot of roughly 0.154 of an acre, or 621m². The below map shows the location of 12 OLD FORGE ROAD, 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 12 OLD FORGE ROAD). 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 12 OLD FORGE ROAD?

12 OLD FORGE ROAD is located in ASHBY MAGNA, in the LE17 postcode district. The below map shows the position of No. 12 on OLD FORGE ROAD.