2, OLD FORGE CLOSE, EGGINTON, DERBY, DE65 6EX - £470,000

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

2 OLD FORGE CLOSE is a large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £470,000 in June 2017, which was around 78% above the average June 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was A.

2 OLD FORGE CLOSE Sold Prices

Land registry data shows two sales for 2 OLD FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 2 OLD FORGE CLOSE 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
2017 27 JUN	£470,000	£263,544	78% above HPI
1996 25 MAY	£173,750	£68,717	153% above HPI

2 OLD FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 2 OLD FORGE CLOSE sales from May 1996 and June 2017 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 May 1996 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the June 2017 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 2 OLD FORGE CLOSE?

2 OLD FORGE CLOSE is 175m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Egginton, based on EPC data. The below chart shows the distribution of detached houses by size in Egginton, and where 2 OLD FORGE CLOSE lies on this distribution: 75% of detached houses are smaller than 2 OLD FORGE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Egginton.

2 OLD FORGE CLOSE: Plot and Title Map

2 OLD FORGE CLOSE sits on a plot of roughly 0.243 of an acre, or 983m². 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 EGGINTON, in the DE65 postcode district. The below map shows the position of No. 2 on OLD FORGE CLOSE.