FORGE PLACE, THE STREET, WINFARTHING, DISS, IP22 2ED - £170,000

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 PLACE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £170,000 in January 2013, which was around 29% below the average January 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

FORGE PLACE Sold Prices

Land registry data shows two sales for FORGE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two FORGE PLACE 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
2013 14 JAN	£170,000	£238,819	29% below HPI
2006 27 SEP	£172,000	£240,817	29% below HPI

FORGE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two FORGE PLACE sales from September 2006 and January 2013 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2013 sale, which was also at 29% below the HPI.

How Large is FORGE PLACE?

FORGE PLACE is 79m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Winfarthing, based on EPC data. The below chart shows the distribution of detached houses by size in Winfarthing, and where FORGE PLACE lies on this distribution: 6% of detached houses are smaller than FORGE PLACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Winfarthing.

FORGE PLACE: Plot and Title Map

FORGE PLACE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of FORGE PLACE, 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 PLACE). 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 PLACE?

FORGE PLACE is located on THE STREET in WINFARTHING, in the IP22 postcode district. The below map shows the position of FORGE PLACE on THE STREET.