THE FORGE HOUSE, GEORGEHAM, BRAUNTON, EX33 1JJ - £412,000

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 HOUSE is a very large extended detached house of 187m², built sometime between 1983 and 1990. It was last sold for £412,000 in July 2015, which was around 33% above the average July 2015 detached price in the North Devon local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

THE FORGE HOUSE Sold Prices

Land registry data shows five sales for THE FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the five THE FORGE HOUSE 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 15 JUL	£412,000	£310,902	33% above HPI
2007 31 OCT	£399,950	£299,168	34% above HPI
2002 10 MAY	£205,000	£166,653	23% above HPI
2001 2 APR	£115,000	£135,201	15% below HPI
1997 30 SEP	£115,000	£88,341	30% above HPI

THE FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The five THE FORGE HOUSE sales between September 1997 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 October 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is THE FORGE HOUSE?

THE FORGE HOUSE is 187m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses in Georgeham, based on EPC data. The below chart shows the distribution of detached houses by size in Georgeham, and where THE FORGE HOUSE lies on this distribution: 92% of detached houses are smaller than THE FORGE HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Georgeham.

THE FORGE HOUSE: Plot and Title Map

THE FORGE HOUSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of THE 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 THE 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 THE FORGE HOUSE?

THE FORGE HOUSE is located in GEORGEHAM, in the EX33 postcode district. The below map shows the position of THE FORGE HOUSE in GEORGEHAM.