2, FORGE WAY, GARBOLDISHAM, DISS, IP22 2QG - £335,000

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.

2 FORGE WAY is a very large detached house of 167m², built sometime between 2003 and 2006, which could now be worth an estimated £496,779. It was last sold for £335,000 in September 2015, which was around 32% above the average September 2015 detached price in the Breckland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

2 FORGE WAY Sold Prices

Land registry data shows three sales for 2 FORGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 2 FORGE WAY 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
2015 7 SEP	£335,000	£254,360	32% above HPI
2004 13 AUG	£270,000	£194,551	39% above HPI
2002 11 JAN	£189,950	£122,730	55% above HPI

2 FORGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 2 FORGE WAY sales between January 2002 and September 2015 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 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 FORGE WAY be worth now?

2 FORGE WAY might now be worth an estimated £496,779.

This is based on house price inflation of 48.3%, between September 2015 and May 2026, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.3% inflationary increase is applied to the most recent sale price for 2 FORGE WAY of £335,000 on 7th September 2015. For the value to have increased from £335,000 to £496,779 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 2 FORGE WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2015 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORGE WAY has not materially changed since September 2015.

How Large is 2 FORGE WAY?

2 FORGE WAY is 167m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Garboldisham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garboldisham, and where 2 FORGE WAY lies on this distribution: 85% of detached houses houses are smaller than 2 FORGE WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Garboldisham.

2 FORGE WAY: Plot and Title Map

2 FORGE WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2 FORGE WAY, 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 2 FORGE WAY). 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 2 FORGE WAY?

2 FORGE WAY is located in GARBOLDISHAM, in the IP22 postcode district. The below map shows the position of No. 2 on FORGE WAY.