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
OLD FORGE COTTAGE is a midsized extended detached house of 126m², built sometime before 1900. It was last sold for £210,000 in December 2014, which was around 48% below the average December 2014 detached price in the Wealden local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for OLD FORGE COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three OLD FORGE COTTAGE 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 |
---|---|---|---|
2014 3 DEC | £210,000 | £402,115 | 48% below HPI |
2004 7 SEP | £232,000 | £314,998 | 26% below HPI |
2002 26 MAR | £130,000 | £219,078 | 41% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three OLD FORGE COTTAGE sales between March 2002 and December 2014 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2014 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
OLD FORGE COTTAGE is 126m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Rotherfield, based on EPC data. The below chart shows the distribution of detached houses by size in Rotherfield, and where OLD FORGE COTTAGE lies on this distribution: 48% of detached houses are smaller than OLD FORGE COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Rotherfield.
OLD FORGE COTTAGE sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of OLD FORGE COTTAGE, 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 OLD FORGE COTTAGE). 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.
OLD FORGE COTTAGE is located on CHURCH ROAD in ROTHERFIELD, in the TN6 postcode district. The below map shows the position of OLD FORGE COTTAGE on CHURCH ROAD.