THE OLD FORGE, MAIN ROAD, FILBY, GREAT YARMOUTH, NR29 3HN - £590,000

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 OLD FORGE is a midsized extended detached house of 170m², built sometime before 1900. It was last sold for £590,000 in August 2022, which was around 77% above the average August 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

THE OLD FORGE Sold Prices

Land registry data shows three sales for THE OLD 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 Great Yarmouth local authority area for the corresponding sale date. All of the three 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
2022 3 AUG	£590,000	£333,731	77% above HPI
2013 19 APR	£297,500	£186,021	60% above HPI
2005 31 MAY	£282,500	£185,702	52% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three THE OLD FORGE sales between May 2005 and August 2022 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 2013 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 170m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Filby, based on EPC data. The below chart shows the distribution of detached houses by size in Filby, and where THE OLD FORGE lies on this distribution: 58% of detached houses are smaller than THE OLD FORGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Filby.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.269 of an acre, or 1,087m². 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 FILBY, in the NR29 postcode district. The below map shows the position of THE OLD FORGE on MAIN ROAD.