THE FORGE, CHURCH ROAD, STICKFORD, BOSTON, PE22 8EN - £218,000

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

THE FORGE is a small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £218,000 in December 2021, which was around 16% below the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, 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 East Lindsey local authority area for the corresponding sale date. One of the two THE FORGE 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
2021 22 DEC	£218,000	£260,179	16% below HPI
1995 29 JUN	£60,000	£54,261	11% above HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two THE FORGE sales from June 1995 and December 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 June 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is THE FORGE?

THE FORGE is 104m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Stickford, based on EPC data. The below chart shows the distribution of detached houses by size in Stickford, and where THE FORGE lies on this distribution: 36% of detached houses are smaller than THE FORGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Stickford.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.188 of an acre, or 761m². 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 CHURCH ROAD in STICKFORD, in the PE22 postcode district. The below map shows the position of THE FORGE on CHURCH ROAD.