2, THE OLD FORGE, LITTLEHAM ROAD, EXMOUTH, EX8 2RD - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE OLD FORGE is a very small semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £308,601. It was last sold for £220,000 in August 2016, which was around 9% below the average August 2016 semi-detached price in the East Devon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 THE OLD FORGE Sold Prices

Land registry data shows two sales for 2 THE OLD FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two 2 THE OLD FORGE sales were 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
2016 11 AUG	£220,000	£241,319	9% below HPI
2002 8 FEB	£70,000	£112,942	38% below HPI

2 THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two 2 THE OLD FORGE sales from February 2002 and August 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 February 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 THE OLD FORGE be worth now?

2 THE OLD FORGE might now be worth an estimated £308,601.

This is based on house price inflation of 40.3%, between August 2016 and February 2025, for semi-detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.3% inflationary increase is applied to the most recent sale price for 2 THE OLD FORGE of £220,000 on 11th August 2016. For the value to have increased from £220,000 to £308,601 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 2 THE OLD FORGE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The August 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE OLD FORGE has not materially changed since August 2016.

How Large is 2 THE OLD FORGE?

2 THE OLD FORGE is 78m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of semi-detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exmouth, and where 2 THE OLD FORGE lies on this distribution: 20% of semi-detached houses houses are smaller than 2 THE OLD FORGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 THE OLD FORGE: Plot and Title Map

2 THE OLD FORGE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 THE OLD 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 OLD 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 OLD FORGE?

2 THE OLD FORGE is located on LITTLEHAM ROAD in EXMOUTH, in the EX8 postcode district. The below map shows the position of 2 THE OLD FORGE on LITTLEHAM ROAD.