THE FORGE, LUCKING STREET, GREAT MAPLESTEAD, HALSTEAD, CO9 2RE - £439,500

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 small detached house of 141m², built sometime before 1900, which could now be worth an estimated £777,483. It was last sold for £439,500 in August 2012, which was around 35% above the average August 2012 detached price in the Braintree 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 Braintree local authority area for the corresponding sale date. Both of the two THE 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
2012 22 AUG	£439,500	£326,467	35% above HPI
2009 28 APR	£325,000	£275,901	18% above HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two THE FORGE sales from April 2009 and August 2012 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 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2012 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £777,483.

This is based on house price inflation of 76.9%, between August 2012 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.9% inflationary increase is applied to the most recent sale price for THE FORGE of £439,500 on 22nd August 2012. For the value to have increased from £439,500 to £777,483 over the thirteen years and six 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 Braintree local authority area.
• The August 2012 sale price of £439,500 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since August 2012.

How Large is THE FORGE?

THE FORGE is 141m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses houses in Great Maplestead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Maplestead, and where THE FORGE lies on this distribution: 39% of detached houses houses are smaller than THE FORGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Great Maplestead.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.223 of an acre, or 902m². 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 LUCKING STREET in GREAT MAPLESTEAD, in the CO9 postcode district. The below map shows the position of THE FORGE on LUCKING STREET.