THE FORGE, UPTON LANE, NURSLING, SOUTHAMPTON, SO16 0XY - £770,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE FORGE is a very large extended detached house of 227m², built sometime before 1900. It was last sold for £770,000 in September 2019, which was around 51% above the average September 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was January 2019, 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 Test Valley local authority area for the corresponding sale date. One of the two THE FORGE sales was for above the average price, whilst the other was 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
2019 27 SEP	£770,000	£510,960	51% above HPI
2003 18 FEB	£275,000	£288,271	5% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two THE FORGE sales from February 2003 and September 2019 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2019 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is THE FORGE?

THE FORGE is 227m², which includes four extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where THE FORGE lies on this distribution: 99% of detached houses are smaller than THE FORGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Nursling.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.406 of an acre, or 1,644m². 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 UPTON LANE in NURSLING, in the SO16 postcode district. The below map shows the position of THE FORGE on UPTON LANE.