2, THE FORGE, RUMBURGH, HALESWORTH, IP19 0HF - £377,000

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 THE FORGE is a very large detached house of 152m², built sometime between 2003 and 2006. It was last sold for £377,000 in November 2018, which was around 5% above the average November 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

2 THE FORGE Sold Prices

Land registry data shows two sales for 2 THE FORGE 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 Suffolk local authority area for the corresponding sale date. Both of the two 2 THE FORGE 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
2018 6 NOV	£377,000	£357,827	5% above HPI
2004 20 AUG	£238,000	£220,909	8% above HPI

2 THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 2 THE FORGE sales from August 2004 and November 2018 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 August 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 THE FORGE?

2 THE FORGE is 152m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Rumburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Rumburgh, and where 2 THE FORGE lies on this distribution: 87% of detached houses are smaller than 2 THE FORGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Rumburgh.

2 THE FORGE: Plot and Title Map

2 THE FORGE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 2 THE FORGE, 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 THE FORGE). 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 THE FORGE?

2 THE FORGE is located in RUMBURGH, in the IP19 postcode district. The below map shows the position of No. 2 on THE FORGE.