OLD FORGE, SOUTH CHAILEY, LEWES, BN8 4AN - £750,000

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 is a very large extended detached house of 263m², built sometime between 1976 and 1982. It was last sold for £750,000 in January 2015, which was around 87% above the average January 2015 detached price in the Lewes local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

OLD FORGE Sold Prices

Land registry data shows three sales for OLD FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three OLD FORGE 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
2015 23 JAN	£750,000	£401,678	87% above HPI
2007 21 NOV	£790,000	£355,599	122% above HPI
2002 25 FEB	£585,000	£213,175	174% above HPI

OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three OLD FORGE sales between February 2002 and January 2015 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 November 2007 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the January 2015 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is OLD FORGE?

OLD FORGE is 263m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 10% of detached houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in South Chailey, and where OLD FORGE lies on this distribution: 98% of detached houses are smaller than OLD FORGE, and 2% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

OLD FORGE: Plot and Title Map

OLD FORGE sits on a plot of roughly 0.539 of an acre, or 2,181m². The below map shows the location of OLD FORGE, 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). 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?

OLD FORGE is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of OLD FORGE in SOUTH CHAILEY.