6, FORGE LANE, STRETTON, BURTON-ON-TRENT, DE13 0HL - £255,000

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

6 FORGE LANE is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £255,000 in July 2023, which was around 23% below the average July 2023 detached price in the East Staffordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

6 FORGE LANE Sold Prices

Land registry data shows four sales for 6 FORGE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Most of the four 6 FORGE LANE 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
2023 28 JUL	£255,000	£332,773	23% below HPI
2016 25 NOV	£235,000	£253,388	7% below HPI
2007 9 FEB	£270,000	£211,646	28% above HPI
1996 12 AUG	£56,000	£70,097	20% below HPI

6 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The four 6 FORGE LANE sales between August 1996 and July 2023 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 November 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 6 FORGE LANE?

6 FORGE LANE is 75m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Stretton, and where 6 FORGE LANE lies on this distribution: 15% of detached houses are smaller than 6 FORGE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Stretton.

6 FORGE LANE: Plot and Title Map

6 FORGE LANE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 6 FORGE LANE, 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 6 FORGE LANE). 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 6 FORGE LANE?

6 FORGE LANE is located in STRETTON, in the DE13 postcode district. The below map shows the position of No. 6 on FORGE LANE.