THE OLD FORGE, MAIN ROAD, BRAILSFORD, ASHBOURNE, DE6 3DA - £225,000

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 small detached house of 119m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2020, which was around 41% below the average July 2020 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, 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 Derbyshire Dales local authority area for the corresponding sale date. Both of the two THE OLD FORGE sales were 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
2020 10 JUL	£225,000	£379,871	41% below HPI
2020 24 JAN	£190,000	£363,036	48% below HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from January 2020 and July 2020 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 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 119m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Brailsford, based on EPC data. The below chart shows the distribution of detached houses by size in Brailsford, and where THE OLD FORGE lies on this distribution: 36% of detached houses are smaller than THE OLD FORGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Brailsford.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.117 of an acre, or 475m². 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 MAIN ROAD in BRAILSFORD, in the DE6 postcode district. The below map shows the position of THE OLD FORGE on MAIN ROAD.