THE OLD FORGE, MAIN STREET, CONGERSTONE, NUNEATON, CV13 6LZ - £750,000

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 very large extended detached house of 250m², built sometime before 1900. It was last sold for £750,000 in November 2013, which was around 238% above the average November 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

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 Hinckley and Bosworth 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
2013 15 NOV	£750,000	£221,733	238% above HPI
2006 25 AUG	£595,000	£225,932	163% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from August 2006 and November 2013 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 August 2006 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the November 2013 sale, where it rises to 238% above the HPI. The line then continues to track at 238% above the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 250m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Congerstone, based on EPC data. The below chart shows the distribution of detached houses by size in Congerstone, and where THE OLD FORGE lies on this distribution: 90% of detached houses are smaller than THE OLD FORGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Congerstone.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.298 of an acre, or 1,206m². 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 STREET in CONGERSTONE, in the CV13 postcode district. The below map shows the position of THE OLD FORGE on MAIN STREET.