1, FORGE END, WESTON, HITCHIN, SG4 7AQ - £318,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FORGE END is a very small semi-detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £408,473. It was last sold for £318,500 in May 2016, which was around 11% below the average May 2016 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was B.

1 FORGE END Sold Prices

Land registry data shows three sales for 1 FORGE END since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 1 FORGE END 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
2016 26 MAY	£318,500	£359,883	11% below HPI
2014 17 OCT	£265,000	£302,303	12% below HPI
2007 31 AUG	£242,000	£250,610	3% below HPI

1 FORGE END Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 1 FORGE END sales between August 2007 and May 2016 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 FORGE END be worth now?

1 FORGE END might now be worth an estimated £408,473.

This is based on house price inflation of 28.2%, between May 2016 and February 2025, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.2% inflationary increase is applied to the most recent sale price for 1 FORGE END of £318,500 on 26th May 2016. For the value to have increased from £318,500 to £408,473 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 FORGE END has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The May 2016 sale price of £318,500 represented a fair market value for the property.
• The size, condition, and specification of 1 FORGE END has not materially changed since May 2016.

How Large is 1 FORGE END?

1 FORGE END is 74m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% of semi-detached houses houses in Weston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Weston, and where 1 FORGE END lies on this distribution: 2% of semi-detached houses houses are smaller than 1 FORGE END, and 98% of houses are larger. Note that EPC data is not available for all properties in Weston.

1 FORGE END: Plot and Title Map

1 FORGE END sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 1 FORGE END, 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 1 FORGE END). 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 1 FORGE END?

1 FORGE END is located in WESTON, in the SG4 postcode district. The below map shows the position of No. 1 on FORGE END.