Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
THE FORGE is a midsized extended detached house of 184m², built sometime before 1900. It was last sold for £875,000 in October 2013, which was around 88% above the average October 2013 detached price in the Chichester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows four sales for THE FORGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 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 |
---|---|---|---|
2013 31 OCT | £875,000 | £465,638 | 88% above HPI |
2011 25 MAR | £825,000 | £432,455 | 91% above HPI |
2005 9 SEP | £585,000 | £375,279 | 56% above HPI |
2000 30 NOV | £365,000 | £240,399 | 52% above HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four THE FORGE sales between November 2000 and October 2013 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 March 2011 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the October 2013 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.
THE FORGE is 184m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses in Graffham, based on EPC data. The below chart shows the distribution of detached houses by size in Graffham, and where THE FORGE lies on this distribution: 58% of detached houses are smaller than THE FORGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Graffham.
THE FORGE sits on a plot of roughly 0.156 of an acre, or 631m². 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.
THE FORGE is located on THE STREET in GRAFFHAM, in the GU28 postcode district. The below map shows the position of THE FORGE on THE STREET.