THE OLD FORGE, HAMBRIDGE, LANGPORT, TA10 0AU - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OLD FORGE is a midsized extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2015, which was around 3% above the average October 2015 detached price in the Somerset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

THE OLD FORGE Sold Prices

Land registry data shows two sales for THE OLD 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 Somerset local authority area for the corresponding sale date. Both of the two 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
2015 2 OCT	£320,000	£309,594	3% above HPI
2003 14 JAN	£250,000	£207,468	21% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from January 2003 and October 2015 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 January 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 131m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Hambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hambridge, and where THE OLD FORGE lies on this distribution: 54% of detached houses are smaller than THE OLD FORGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hambridge.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.177 of an acre, or 717m². 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 in HAMBRIDGE, in the TA10 postcode district. The below map shows the position of THE OLD FORGE in HAMBRIDGE.