OLD FORGE HOUSE, THE STREET, CHEDBURGH, BURY ST EDMUNDS, IP29 4UH - £235,000

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 HOUSE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £235,000 in April 2011, which was around 6% below the average April 2011 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

OLD FORGE HOUSE Sold Prices

Land registry data shows two sales for OLD 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 Suffolk local authority area for the corresponding sale date. One of the two OLD FORGE HOUSE sales was for below the average price, whilst the other was 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
2011 4 APR	£235,000	£250,269	6% below HPI
1999 27 AUG	£113,500	£110,670	3% above HPI

OLD FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two OLD FORGE HOUSE sales from August 1999 and April 2011 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 August 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is OLD FORGE HOUSE?

OLD FORGE HOUSE is 112m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses in Chedburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Chedburgh, and where OLD FORGE HOUSE lies on this distribution: 55% of detached houses are smaller than OLD FORGE HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

OLD FORGE HOUSE: Plot and Title Map

OLD FORGE HOUSE sits on a plot of roughly 0.244 of an acre, or 986m². The below map shows the location of OLD 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 OLD 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 OLD FORGE HOUSE?

OLD FORGE HOUSE is located on THE STREET in CHEDBURGH, in the IP29 postcode district. The below map shows the position of OLD FORGE HOUSE on THE STREET.