THE OLD FORGE, GROVE ROAD, BENTLEY, IPSWICH, IP9 2DD - £825,000

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 OLD FORGE is a very large extended detached house of 254m², built sometime before 1900, which could now be worth an estimated £981,889. It was last sold for £825,000 in October 2017, which was around 101% above the average October 2017 detached price in the Babergh local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

THE OLD FORGE Sold Prices

Land registry data shows four sales for THE OLD FORGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four THE OLD 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
2017 3 OCT	£825,000	£411,299	101% above HPI
2007 5 APR	£715,000	£279,492	156% above HPI
1998 12 APR	£199,000	£100,531	98% above HPI
1996 1 AUG	£185,000	£90,830	104% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four THE OLD FORGE sales between August 1996 and October 2017 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 2007 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the October 2017 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might THE OLD FORGE be worth now?

THE OLD FORGE might now be worth an estimated £981,889.

This is based on house price inflation of 19%, between October 2017 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19% inflationary increase is applied to the most recent sale price for THE OLD FORGE of £825,000 on 3rd October 2017. For the value to have increased from £825,000 to £981,889 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of THE OLD FORGE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2017 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FORGE has not materially changed since October 2017.

How Large is THE OLD FORGE?

THE OLD FORGE is 254m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Bentley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bentley, and where THE OLD FORGE lies on this distribution: 95% of detached houses houses are smaller than THE OLD FORGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Bentley.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.356 of an acre, or 1,442m². The below map shows the location of THE OLD 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 OLD 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 OLD FORGE?

THE OLD FORGE is located on GROVE ROAD in BENTLEY, in the IP9 postcode district. The below map shows the position of THE OLD FORGE on GROVE ROAD.