FORGE CORNER, REDWICK ROAD, PILNING, BRISTOL, BS35 4LG - £270,000

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

FORGE CORNER is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £270,000 in April 2021, which was around 42% below the average April 2021 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

FORGE CORNER Sold Prices

Land registry data shows two sales for FORGE CORNER 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 Gloucestershire local authority area for the corresponding sale date. Both of the two FORGE CORNER 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
2021 29 APR	£270,000	£466,953	42% below HPI
2002 14 JUN	£123,000	£199,426	38% below HPI

FORGE CORNER Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two FORGE CORNER sales from June 2002 and April 2021 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 June 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is FORGE CORNER?

FORGE CORNER is 75m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Pilning, based on EPC data. The below chart shows the distribution of detached houses by size in Pilning, and where FORGE CORNER lies on this distribution: 6% of detached houses are smaller than FORGE CORNER, and 94% of houses are larger. Note that EPC data is not available for all properties in Pilning.

FORGE CORNER: Plot and Title Map

FORGE CORNER sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of FORGE CORNER, 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 FORGE CORNER). 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 FORGE CORNER?

FORGE CORNER is located on REDWICK ROAD in PILNING, in the BS35 postcode district. The below map shows the position of FORGE CORNER on REDWICK ROAD.