THE FORGE, WELLINGTON HILL, LOUGHTON, IG10 4AH - £875,000

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 detached house of 208m², built sometime between 1967 and 1975, which could now be worth an estimated £1,546,093. It was last sold for £875,000 in February 2011, which was around 49% above the average February 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

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 Epping Forest local authority area for the corresponding sale date. All of the three 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
2011 18 FEB	£875,000	£587,969	49% above HPI
2002 28 FEB	£500,000	£353,415	41% above HPI
2001 2 JUL	£465,000	£336,980	38% above HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three THE FORGE sales between July 2001 and February 2011 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 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2011 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £1,546,093.

This is based on house price inflation of 76.7%, between February 2011 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.7% inflationary increase is applied to the most recent sale price for THE FORGE of £875,000 on 18th February 2011. For the value to have increased from £875,000 to £1,546,093 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of THE FORGE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The February 2011 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since February 2011.

How Large is THE FORGE?

THE FORGE is 208m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses houses in High Beech, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Beech, and where THE FORGE lies on this distribution: 62% of detached houses houses are smaller than THE FORGE, and 38% of houses are larger. Note that EPC data is not available for all properties in High Beech.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.197 of an acre, or 799m². 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 WELLINGTON HILL in LOUGHTON, in the IG10 postcode district. The below map shows the position of THE FORGE on WELLINGTON HILL.