2, THE FORGE, RUMBURGH, HALESWORTH, IP19 0HF - £377,000

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 THE FORGE is a very large detached house of 152m², built sometime between 2003 and 2006, which could now be worth an estimated £439,103. It was last sold for £377,000 in November 2018, which was around 5% above the average November 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

2 THE FORGE Sold Prices

Land registry data shows two sales for 2 THE FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 THE 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
2018 6 NOV	£377,000	£357,883	5% above HPI
2004 20 AUG	£238,000	£220,943	8% above HPI

2 THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 2 THE FORGE sales from August 2004 and November 2018 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 THE FORGE be worth now?

2 THE FORGE might now be worth an estimated £439,103.

This is based on house price inflation of 16.5%, between November 2018 and June 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 2 THE FORGE of £377,000 on 6th November 2018. For the value to have increased from £377,000 to £439,103 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 2 THE FORGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2018 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FORGE has not materially changed since November 2018.

How Large is 2 THE FORGE?

2 THE FORGE is 152m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Rumburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rumburgh, and where 2 THE FORGE lies on this distribution: 84% of detached houses houses are smaller than 2 THE FORGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Rumburgh.

2 THE FORGE: Plot and Title Map

2 THE FORGE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 2 THE 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 2 THE 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 2 THE FORGE?

2 THE FORGE is located in RUMBURGH, in the IP19 postcode district. The below map shows the position of No. 2 on THE FORGE.