THE FORGE, ORLETON, LUDLOW, SY8 4HR - £527,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FORGE is a very large extended detached house of 189m², built sometime before 1900, which could now be worth an estimated £691,641. It was last sold for £527,500 in January 2018, which was around 58% above the average January 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2024, 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 Herefordshire 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
2018 11 JAN	£527,500	£333,612	58% above HPI
2005 29 JUL	£355,000	£258,252	37% above 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 July 2005 and January 2018 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 July 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2018 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £691,641.

This is based on house price inflation of 31.1%, between January 2018 and December 2024, 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 31.1% inflationary increase is applied to the most recent sale price for THE FORGE of £527,500 on 11th January 2018. For the value to have increased from £527,500 to £691,641 over the five years and one month to December 2024, 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 January 2018 sale price of £527,500 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since January 2018.

How Large is THE FORGE?

THE FORGE is 189m², which includes four extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 20% of detached houses houses in Orleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orleton, and where THE FORGE lies on this distribution: 86% of detached houses houses are smaller than THE FORGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Orleton.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.176 of an acre, or 713m². 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 ORLETON, in the SY8 postcode district. The below map shows the position of THE FORGE in ORLETON.