THE FORGE, THE STREET, HOCKERING, DEREHAM, NR20 3HL - £204,000

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 large extended semi-detached house of 137m², built sometime before 1900, which could now be worth an estimated £422,123. It was last sold for £204,000 in February 2004, which was around 76% above the average February 2004 semi-detached price in the Breckland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was F, and the potential energy rating was B.

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 semi-detached price in the Breckland 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
2004 6 FEB	£204,000	£116,001	76% above HPI
2001 12 FEB	£111,000	£63,074	76% above HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The two THE FORGE sales from February 2001 and February 2004 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 February 2001 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the February 2004 sale, which was also at 76% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £422,123.

This is based on house price inflation of 106.9%, between February 2004 and February 2025, for semi-detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.9% inflationary increase is applied to the most recent sale price for THE FORGE of £204,000 on 6th February 2004. For the value to have increased from £204,000 to £422,123 over the 21 years to February 2025, the following assumptions must hold true:

• The value of THE FORGE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The February 2004 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since February 2004.

How Large is THE FORGE?

THE FORGE is 137m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of semi-detached houses houses in Hockering, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hockering, and where THE FORGE lies on this distribution: 67% of semi-detached houses houses are smaller than THE FORGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hockering.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.100 of an acre, or 406m². 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 THE STREET in HOCKERING, in the NR20 postcode district. The below map shows the position of THE FORGE on THE STREET.