THE OLD FORGE, MAIN STREET, THORNTON, COALVILLE, LE67 1AG - £175,000

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 small detached house of 56m², built sometime before 1900. It was last sold for £175,000 in June 2024, which was around 56% below the average June 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, 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 Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 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
2024 7 JUN	£175,000	£395,098	56% below HPI
2014 20 OCT	£148,500	£235,601	37% below HPI
2007 2 JUL	£143,000	£235,893	39% below 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 three THE OLD FORGE sales between July 2007 and June 2024 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 October 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2024 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 56m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where THE OLD FORGE lies on this distribution: 1% of detached houses are smaller than THE OLD FORGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Thornton.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.028 of an acre, or 113m². 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 THORNTON, in the LE67 postcode district. The below map shows the position of THE OLD FORGE on MAIN STREET.