OLD FORGE COTTAGE, DARSHAM ROAD, WESTLETON, SAXMUNDHAM, IP17 3AL - £430,000

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

OLD FORGE COTTAGE is a small extended detached house of 105m², built sometime before 1900. It was last sold for £430,000 in December 2009, which was around 79% above the average December 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was E.

OLD FORGE COTTAGE Sold Prices

Land registry data shows two sales for OLD FORGE COTTAGE 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 Suffolk local authority area for the corresponding sale date. Both of the two OLD FORGE COTTAGE 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
2009 23 DEC	£430,000	£239,716	79% above HPI
1999 19 MAR	£155,000	£90,454	71% above HPI

OLD FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two OLD FORGE COTTAGE sales from March 1999 and December 2009 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 March 1999 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the December 2009 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is OLD FORGE COTTAGE?

OLD FORGE COTTAGE is 105m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where OLD FORGE COTTAGE lies on this distribution: 30% of detached houses are smaller than OLD FORGE COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Westleton.

OLD FORGE COTTAGE: Plot and Title Map

OLD FORGE COTTAGE sits on a plot of roughly 0.230 of an acre, or 929m². 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.

Where is OLD FORGE COTTAGE?

OLD FORGE COTTAGE is located on DARSHAM ROAD in WESTLETON, in the IP17 postcode district. The below map shows the position of OLD FORGE COTTAGE on DARSHAM ROAD.