2, OLD FORGE CLOSE, BLEDINGTON, CHIPPING NORTON, OX7 6XW - £385,000

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

2 OLD FORGE CLOSE is a large extended detached house of 179m², built sometime between 1983 and 1990. It was last sold for £385,000 in January 2003, which was around 25% above the average January 2003 detached price in the Cotswold local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

2 OLD FORGE CLOSE Sold Prices

Land registry data shows three sales for 2 OLD FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Two of the three 2 OLD FORGE CLOSE sales were for above the average price, whilst one was 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
2003 3 JAN	£385,000	£308,084	25% above HPI
2000 13 JAN	£207,000	£209,386	1% below HPI
1995 24 MAY	£149,000	£118,110	26% above HPI

2 OLD FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three 2 OLD FORGE CLOSE sales between May 1995 and January 2003 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2003 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 OLD FORGE CLOSE?

2 OLD FORGE CLOSE is 179m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Bledington, based on EPC data. The below chart shows the distribution of detached houses by size in Bledington, and where 2 OLD FORGE CLOSE lies on this distribution: 69% of detached houses are smaller than 2 OLD FORGE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bledington.

2 OLD FORGE CLOSE: Plot and Title Map

2 OLD FORGE CLOSE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of 2 OLD FORGE CLOSE, 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 OLD FORGE CLOSE). 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 OLD FORGE CLOSE?

2 OLD FORGE CLOSE is located in BLEDINGTON, in the OX7 postcode district. The below map shows the position of No. 2 on OLD FORGE CLOSE.