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

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 large extended detached house of 208m², built sometime between 1967 and 1975. It was last sold for £875,000 in February 2011, which was around 55% 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	£563,151	55% above HPI
2002 28 FEB	£500,000	£338,498	48% above HPI
2001 2 JUL	£465,000	£322,756	44% 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 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2011 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

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 in High Beech, based on EPC data. The below chart shows the distribution of detached houses by size in High Beech, and where THE FORGE lies on this distribution: 61% of detached houses are smaller than THE FORGE, and 39% 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 0.198 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.