THE FORGE, BROMSASH, ROSS-ON-WYE, HR9 7PJ - £499,950

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 very large extended detached house of 283m², built sometime from 2007 onwards, which could now be worth an estimated £746,583. It was last sold for £499,950 in July 2015, which was around 69% above the average July 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, 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 Herefordshire local authority area for the corresponding sale date. One of the two THE FORGE sales was for above the average price, whilst the other was 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
2015 2 JUL	£499,950	£296,615	69% above HPI
2013 30 JAN	£220,000	£276,263	20% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two THE FORGE sales from January 2013 and July 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 January 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2015 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £746,583.

This is based on house price inflation of 49.3%, between July 2015 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.3% inflationary increase is applied to the most recent sale price for THE FORGE of £499,950 on 2nd July 2015. For the value to have increased from £499,950 to £746,583 over the ten years and five 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 Herefordshire local authority area.
• The July 2015 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since July 2015.

How Large is THE FORGE?

THE FORGE is 283m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses houses in Bromsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsash, and where THE FORGE lies on this distribution: More than 99% of detached houses houses are smaller than THE FORGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bromsash.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.027 of an acre, or 110m². 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 in BROMSASH, in the HR9 postcode district. The below map shows the position of THE FORGE in BROMSASH.