8, FORGE END, WESTON, HITCHIN, SG4 7AQ - £405,000

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

8 FORGE END is a very small detached house of 94m², built sometime from 2007 onwards. It was last sold for £405,000 in April 2017, which was around 30% below the average April 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

8 FORGE END Sold Prices

Land registry data shows three sales for 8 FORGE END since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 8 FORGE END 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
2017 7 APR	£405,000	£579,972	30% below HPI
2009 22 MAY	£285,000	£346,230	18% below HPI
2007 11 DEC	£300,000	£402,539	25% below HPI

8 FORGE END Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 8 FORGE END sales between December 2007 and April 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 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 FORGE END?

8 FORGE END is 94m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses in Weston, based on EPC data. The below chart shows the distribution of detached houses by size in Weston, and where 8 FORGE END lies on this distribution: 9% of detached houses are smaller than 8 FORGE END, and 91% of houses are larger. Note that EPC data is not available for all properties in Weston.

8 FORGE END: Plot and Title Map

8 FORGE END sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 FORGE END, 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 8 FORGE END). 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 8 FORGE END?

8 FORGE END is located in WESTON, in the SG4 postcode district. The below map shows the position of No. 8 on FORGE END.