2, FORGE COTTAGES, ABINGDON ROAD, EAST ILSLEY, NEWBURY, RG20 7LQ - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FORGE COTTAGES is a very small semi-detached house of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £406,247. It was last sold for £400,000 in September 2022, which was around 1% below the average September 2022 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 FORGE COTTAGES Sold Prices

Land registry data shows three sales for 2 FORGE COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. Two of the three 2 FORGE COTTAGES sales were for below the average price, whilst one was 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
2022 28 SEP	£400,000	£404,070	1% below HPI
2013 25 MAR	£210,000	£234,990	11% below HPI
2007 19 SEP	£260,000	£247,492	5% above HPI

2 FORGE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 2 FORGE COTTAGES sales between September 2007 and September 2022 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 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 FORGE COTTAGES be worth now?

2 FORGE COTTAGES might now be worth an estimated £406,247.

This is based on house price inflation of 1.6%, between September 2022 and February 2025, for semi-detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for 2 FORGE COTTAGES of £400,000 on 28th September 2022. For the value to have increased from £400,000 to £406,247 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 FORGE COTTAGES has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The September 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORGE COTTAGES has not materially changed since September 2022.

How Large is 2 FORGE COTTAGES?

2 FORGE COTTAGES is 68m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of semi-detached houses houses in East Ilsley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Ilsley, and where 2 FORGE COTTAGES lies on this distribution: 8% of semi-detached houses houses are smaller than 2 FORGE COTTAGES, and 92% of houses are larger. Note that EPC data is not available for all properties in East Ilsley.

2 FORGE COTTAGES: Plot and Title Map

2 FORGE COTTAGES sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 2 FORGE COTTAGES, 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 2 FORGE COTTAGES). 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 2 FORGE COTTAGES?

2 FORGE COTTAGES is located on ABINGDON ROAD in EAST ILSLEY, in the RG20 postcode district. The below map shows the position of 2 FORGE COTTAGES on ABINGDON ROAD.