THE FORGE, UPPER ODDINGTON, MORETON-IN-MARSH, GL56 0XN - £610,000

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 small detached house of 60m², built sometime before 1900, which could now be worth an estimated £566,752. It was last sold for £610,000 in October 2024, which was around 20% below the average October 2024 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2009, where the current energy rating was G, and the potential energy rating was G.

THE FORGE Sold Prices

Land registry data shows three sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three THE FORGE sales were for below 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
2024 1 OCT	£610,000	£758,274	20% below HPI
2010 30 APR	£320,000	£394,385	19% below HPI
2009 2 MAR	£355,000	£360,955	2% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three THE FORGE sales between March 2009 and October 2024 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £566,752.

This is based on house price deflation of 7.1%, between October 2024 and December 2024, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% deflationary decrease is applied to the most recent sale price for THE FORGE of £610,000 on 1st October 2024. For the value to have decreased from £610,000 to £566,752 over the ten months 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 Cotswold local authority area.
• The October 2024 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since October 2024.

How Large is THE FORGE?

THE FORGE is 60m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses houses in Upper Oddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Oddington, and where THE FORGE lies on this distribution: Less than 1% of detached houses houses are smaller than THE FORGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Upper Oddington.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.042 of an acre, or 171m². 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 UPPER ODDINGTON, in the GL56 postcode district. The below map shows the position of THE FORGE in UPPER ODDINGTON.