FORGE HOUSE, FORGE LANE, STRETTON, BURTON-ON-TRENT, DE13 0HL - £305,000

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 HOUSE is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £305,000 in May 2012, which was around 52% above the average May 2012 detached price in the East Staffordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

FORGE HOUSE Sold Prices

Land registry data shows two sales for FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Both of the two FORGE HOUSE 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
2012 21 MAY	£305,000	£200,036	52% above HPI
2006 3 MAY	£340,000	£218,880	55% above HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two FORGE HOUSE sales from May 2006 and May 2012 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 May 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2012 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is FORGE HOUSE?

FORGE HOUSE is 88m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Stretton, and where FORGE HOUSE lies on this distribution: 27% of detached houses are smaller than FORGE HOUSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Stretton.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.155 of an acre, or 628m². 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 FORGE LANE in STRETTON, in the DE13 postcode district. The below map shows the position of FORGE HOUSE on FORGE LANE.