FORGE HOUSE, BLOOMFIELD ROAD, TIMSBURY, BATH, BA2 0LH - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FORGE HOUSE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £516,840. It was last sold for £400,000 in November 2017, which was around 27% below the average November 2017 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

FORGE HOUSE Sold Prices

Land registry data shows three sales for FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three FORGE HOUSE 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
2017 3 NOV	£400,000	£544,654	27% below HPI
2011 24 NOV	£275,000	£388,982	29% below HPI
1997 13 AUG	£96,000	£125,137	23% below HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three FORGE HOUSE sales between August 1997 and November 2017 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 November 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might FORGE HOUSE be worth now?

FORGE HOUSE might now be worth an estimated £516,840.

This is based on house price inflation of 29.2%, between November 2017 and February 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.2% inflationary increase is applied to the most recent sale price for FORGE HOUSE of £400,000 on 3rd November 2017. For the value to have increased from £400,000 to £516,840 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of FORGE HOUSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The November 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE HOUSE has not materially changed since November 2017.

How Large is FORGE HOUSE?

FORGE HOUSE is 131m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses houses in Timsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Timsbury, and where FORGE HOUSE lies on this distribution: 61% of detached houses houses are smaller than FORGE HOUSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Timsbury.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of FORGE HOUSE, 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 HOUSE). 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 HOUSE?

FORGE HOUSE is located on BLOOMFIELD ROAD in TIMSBURY, in the BA2 postcode district. The below map shows the position of FORGE HOUSE on BLOOMFIELD ROAD.