FORGE COTTAGE, FORGE HILL, HAMPSTEAD NORREYS, THATCHAM, RG18 0TE - £595,000

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 very large extended detached house of 262m², built sometime before 1900. It was last sold for £595,000 in December 2019, which was around 4% above the average December 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows three sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three FORGE COTTAGE sales were for above 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
2019 5 DEC	£595,000	£573,307	4% above HPI
2006 7 SEP	£436,000	£371,650	17% above HPI
2000 5 MAY	£302,500	£232,001	30% above HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three FORGE COTTAGE sales between May 2000 and December 2019 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 September 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 262m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Hampstead Norreys, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead Norreys, and where FORGE COTTAGE lies on this distribution: 98% of detached houses are smaller than FORGE COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Hampstead Norreys.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.122 of an acre, or 493m². 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 FORGE HILL in HAMPSTEAD NORREYS, in the RG18 postcode district. The below map shows the position of FORGE COTTAGE on FORGE HILL.