FORGE COTTAGE, CHURCH ROAD, CLEHONGER, HEREFORD, HR2 9SE - £115,000

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 COTTAGE is a large extended detached house of 134m², built sometime before 1900. It was last sold for £115,000 in October 2005, which was around 55% below the average October 2005 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows four sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four FORGE COTTAGE 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
2005 4 OCT	£115,000	£257,131	55% below HPI
2003 30 MAY	£112,500	£200,800	44% below HPI
1997 24 JAN	£64,000	£90,264	29% below HPI
1995 17 FEB	£56,500	£84,629	33% below HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four FORGE COTTAGE sales between February 1995 and October 2005 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 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2005 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 134m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Clehonger, based on EPC data. The below chart shows the distribution of detached houses by size in Clehonger, and where FORGE COTTAGE lies on this distribution: 68% of detached houses are smaller than FORGE COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Clehonger.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.385 of an acre, or 1,560m². The below map shows the location of FORGE COTTAGE, 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 COTTAGE). 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 COTTAGE?

FORGE COTTAGE is located on CHURCH ROAD in CLEHONGER, in the HR2 postcode district. The below map shows the position of FORGE COTTAGE on CHURCH ROAD.