FORGE COTTAGE, SHOE LANE, ALDERSHOT, GU11 2HE - £520,000

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

FORGE COTTAGE is a large extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £520,000 in July 2020, which was about the average July 2020 detached price in the Rushmoor local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, 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 Rushmoor local authority area for the corresponding sale date. The four FORGE COTTAGE sales were a mix of roughly equal to the average price, above the average price, and 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
2020 31 JUL	£520,000	£518,771	Close to HPI
2004 20 AUG	£435,000	£302,297	44% above HPI
1997 24 SEP	£87,500	£135,841	36% below HPI
1996 5 NOV	£56,892	£117,699	52% below HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The four FORGE COTTAGE sales between November 1996 and July 2020 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 August 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 129m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where FORGE COTTAGE lies on this distribution: 64% of detached houses are smaller than FORGE COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.275 of an acre, or 1,114m². 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 SHOE LANE in ALDERSHOT, in the GU11 postcode district. The below map shows the position of FORGE COTTAGE on SHOE LANE.