15, FORGE LANE, STRETTON, BURTON-ON-TRENT, DE13 0HL - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 FORGE LANE is a very large extended detached house of 196m², built sometime between 1930 and 1949. It was last sold for £400,000 in July 2016, which was around 59% above the average July 2016 detached price in the East Staffordshire local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was C.

15 FORGE LANE Sold Prices

Land registry data shows two sales for 15 FORGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Both of the two 15 FORGE LANE 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
2016 14 JUL	£400,000	£251,645	59% above HPI
1997 31 JAN	£87,000	£69,606	25% above HPI

15 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 15 FORGE LANE sales from January 1997 and July 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 January 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2016 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 15 FORGE LANE?

15 FORGE LANE is 196m², which includes four extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 10% of detached houses in Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Stretton, and where 15 FORGE LANE lies on this distribution: 98% of detached houses are smaller than 15 FORGE LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Stretton.

15 FORGE LANE: Plot and Title Map

15 FORGE LANE sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of 15 FORGE LANE, 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 15 FORGE LANE). 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 15 FORGE LANE?

15 FORGE LANE is located in STRETTON, in the DE13 postcode district. The below map shows the position of No. 15 on FORGE LANE.