3, FORGE CLOSE, BUDLEIGH SALTERTON, EX9 6QY - £355,000

3 FORGE CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £355,000 in December 2022, which was around 30% below the average December 2022 detached price in the East Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

3 FORGE CLOSE Sold Prices

Land registry data shows two sales for 3 FORGE CLOSE 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 Devon local authority area for the corresponding sale date. Both of the two 3 FORGE CLOSE 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
2022 9 DEC	£355,000	£507,233	30% below HPI
2007 28 JUN	£180,000	£332,251	46% below HPI

3 FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 3 FORGE CLOSE sales from June 2007 and December 2022 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 June 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 FORGE CLOSE?

3 FORGE CLOSE is 74m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses by size in Budleigh Salterton, and where 3 FORGE CLOSE lies on this distribution: 6% of detached houses are smaller than 3 FORGE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

3 FORGE CLOSE: Plot and Title Map

3 FORGE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 3 FORGE CLOSE, 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 3 FORGE CLOSE). 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 3 FORGE CLOSE?

3 FORGE CLOSE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 3 on FORGE CLOSE.