THE FORGE, AYLESBURY ROAD, CHEARSLEY, AYLESBURY, HP18 0BS - £715,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE FORGE is a midsized extended detached house of 138m², built sometime before 1900, which could now be worth an estimated £806,567. It was last sold for £715,000 in May 2021, which was around 5% below the average May 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

THE FORGE Sold Prices

Land registry data shows two sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two THE FORGE 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
2021 14 MAY	£715,000	£750,126	5% below HPI
2014 17 APR	£500,000	£546,560	9% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two THE FORGE sales from April 2014 and May 2021 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 April 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £806,567.

This is based on house price inflation of 12.8%, between May 2021 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for THE FORGE of £715,000 on 14th May 2021. For the value to have increased from £715,000 to £806,567 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of THE FORGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The May 2021 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since May 2021.

How Large is THE FORGE?

THE FORGE is 138m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Chearsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chearsley, and where THE FORGE lies on this distribution: 45% of detached houses houses are smaller than THE FORGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chearsley.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of THE 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 THE 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 THE FORGE?

THE FORGE is located on AYLESBURY ROAD in CHEARSLEY, in the HP18 postcode district. The below map shows the position of THE FORGE on AYLESBURY ROAD.