FORGE HOUSE, POOL HILL, BRIDESTOWE, OKEHAMPTON, EX20 4EW - £169,000

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 midsized detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £475,662. It was last sold for £169,000 in September 2001, which was around 4% above the average September 2001 detached price in the West Devon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

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 West Devon local authority area for the corresponding sale date. One of the two FORGE HOUSE sales was for above the average price, whilst the other was 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
2001 17 SEP	£169,000	£162,943	4% above HPI
1998 13 MAY	£70,000	£101,140	31% below HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two FORGE HOUSE sales from May 1998 and September 2001 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 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2001 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might FORGE HOUSE be worth now?

FORGE HOUSE might now be worth an estimated £475,662.

This is based on house price inflation of 181.5%, between September 2001 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 181.5% inflationary increase is applied to the most recent sale price for FORGE HOUSE of £169,000 on 17th September 2001. For the value to have increased from £169,000 to £475,662 over the 24 years and seven 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 West Devon local authority area.
• The September 2001 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE HOUSE has not materially changed since September 2001.

How Large is FORGE HOUSE?

FORGE HOUSE is 145m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses houses in Bridestowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bridestowe, and where FORGE HOUSE lies on this distribution: 58% of detached houses houses are smaller than FORGE HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bridestowe.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.141 of an acre, or 572m². 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 POOL HILL in BRIDESTOWE, in the EX20 postcode district. The below map shows the position of FORGE HOUSE on POOL HILL.