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 small extended detached house of 88m², built sometime before 1900. It was last sold for £480,000 in January 2020, which was around 25% above the average January 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for THE OLD FORGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk 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 |
---|---|---|---|
2020 10 JAN | £480,000 | £383,370 | 25% above HPI |
2012 8 NOV | £365,000 | £269,951 | 35% above HPI |
2002 24 JAN | £240,000 | £158,649 | 51% above HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three THE OLD FORGE sales between January 2002 and January 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 November 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
THE OLD FORGE is 88m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Kedington, based on EPC data. The below chart shows the distribution of detached houses by size in Kedington, and where THE OLD FORGE lies on this distribution: 21% of detached houses are smaller than THE OLD FORGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Kedington.
THE OLD FORGE sits on a plot of roughly 0.206 of an acre, or 832m². 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.
THE OLD FORGE is located on SILVER STREET in KEDINGTON, in the CB9 postcode district. The below map shows the position of THE OLD FORGE on SILVER STREET.