FORGE HOUSE, EAST STREET, HAMBLEDON, WATERLOOVILLE, PO7 4RX - £740,000

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 HOUSE is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £740,000 in July 2022, which was around 3% below the average July 2022 detached price in the Winchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

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 Winchester local authority area for the corresponding sale date. One of the three FORGE HOUSE sales was for below the average price, whilst two 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
2022 15 JUL	£740,000	£762,158	3% below HPI
2006 15 SEP	£495,000	£428,734	15% above HPI
1998 12 FEB	£250,000	£182,392	37% above HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three FORGE HOUSE sales between February 1998 and July 2022 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is FORGE HOUSE?

FORGE HOUSE is 112m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Hambledon, based on EPC data. The below chart shows the distribution of detached houses by size in Hambledon, and where FORGE HOUSE lies on this distribution: 33% of detached houses are smaller than FORGE HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hambledon.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.106 of an acre, or 429m². 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 EAST STREET in HAMBLEDON, in the PO7 postcode district. The below map shows the position of FORGE HOUSE on EAST STREET.