FORGE COTTAGE, THE STREET, HORRINGER, BURY ST EDMUNDS, IP29 5RY - £500,000

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 157m², built sometime before 1900. It was last sold for £500,000 in July 2019, which was around 31% above the average July 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows five sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 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 18 JUL	£500,000	£383,116	31% above HPI
2018 6 JUL	£499,950	£377,862	32% above HPI
2006 21 DEC	£360,000	£263,575	37% above HPI
2005 7 DEC	£300,000	£239,192	25% above HPI
2001 11 APR	£180,000	£136,008	32% above HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The five FORGE COTTAGE sales between April 2001 and July 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 July 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 157m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses by size in Horringer, and where FORGE COTTAGE lies on this distribution: 76% of detached houses are smaller than FORGE COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Horringer.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.151 of an acre, or 612m². 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 THE STREET in HORRINGER, in the IP29 postcode district. The below map shows the position of FORGE COTTAGE on THE STREET.