YE OLD FORGE, SCHOOL ROAD, HENLEY, IPSWICH, IP6 0QU - £292,500

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

YE OLD FORGE is a very small detached house of 73m², built sometime before 1900. It was last sold for £292,500 in December 2021, which was around 30% below the average December 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

YE OLD FORGE Sold Prices

Land registry data shows five sales for YE OLD FORGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five YE 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
2021 17 DEC	£292,500	£416,045	30% below HPI
2021 12 JAN	£191,000	£396,014	52% below HPI
2000 14 JUL	£96,000	£131,151	27% below HPI
1996 22 NOV	£54,500	£81,117	33% below HPI
1995 23 JUN	£25,000	£75,770	67% below HPI

YE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The five YE OLD FORGE sales between June 1995 and December 2021 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 2021 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is YE OLD FORGE?

YE OLD FORGE is 73m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Henley, based on EPC data. The below chart shows the distribution of detached houses by size in Henley, and where YE OLD FORGE lies on this distribution: 2% of detached houses are smaller than YE OLD FORGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Henley.

YE OLD FORGE: Plot and Title Map

YE OLD FORGE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of YE 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 YE 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 YE OLD FORGE?

YE OLD FORGE is located on SCHOOL ROAD in HENLEY, in the IP6 postcode district. The below map shows the position of YE OLD FORGE on SCHOOL ROAD.