4, FORGE CLOSE, PALGRAVE, DISS, IP22 1AQ - £215,000

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.

4 FORGE CLOSE is a small terraced house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £305,483. It was last sold for £215,000 in July 2015, which was around 37% above the average July 2015 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 FORGE CLOSE Sold Prices

Land registry data shows three sales for 4 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 4 FORGE CLOSE 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 31 JUL	£215,000	£157,279	37% above HPI
2006 6 FEB	£135,000	£131,896	2% above HPI
1995 23 JUN	£59,950	£39,471	52% above HPI

4 FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 4 FORGE CLOSE sales between June 1995 and July 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 February 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2015 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 4 FORGE CLOSE be worth now?

4 FORGE CLOSE might now be worth an estimated £305,483.

This is based on house price inflation of 42.1%, between July 2015 and April 2026, for terraced houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.1% inflationary increase is applied to the most recent sale price for 4 FORGE CLOSE of £215,000 on 31st July 2015. For the value to have increased from £215,000 to £305,483 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 4 FORGE CLOSE has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The July 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FORGE CLOSE has not materially changed since July 2015.

How Large is 4 FORGE CLOSE?

4 FORGE CLOSE is 123m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of terraced houses houses in Palgrave, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Palgrave, and where 4 FORGE CLOSE lies on this distribution: 31% of terraced houses houses are smaller than 4 FORGE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

4 FORGE CLOSE: Plot and Title Map

4 FORGE CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 4 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 4 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 4 FORGE CLOSE?

4 FORGE CLOSE is located in PALGRAVE, in the IP22 postcode district. The below map shows the position of No. 4 on FORGE CLOSE.