6, FORGE CLOSE, PALGRAVE, DISS, IP22 1AQ - £295,000

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.

6 FORGE CLOSE is a small terraced house of 113m², built sometime from 2007 onwards, which could now be worth an estimated £325,723. It was last sold for £295,000 in June 2021, which was around 46% above the average June 2021 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

6 FORGE CLOSE Sold Prices

Land registry data shows four sales for 6 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 6 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
2021 11 JUN	£295,000	£202,392	46% above HPI
2018 9 MAR	£270,000	£190,473	42% above HPI
2014 26 SEP	£229,000	£154,729	48% above HPI
2008 3 OCT	£225,000	£141,268	59% above HPI

6 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 four 6 FORGE CLOSE sales between October 2008 and June 2021 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 March 2018 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 6 FORGE CLOSE be worth now?

6 FORGE CLOSE might now be worth an estimated £325,723.

This is based on house price inflation of 10.4%, between June 2021 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 10.4% inflationary increase is applied to the most recent sale price for 6 FORGE CLOSE of £295,000 on 11th June 2021. For the value to have increased from £295,000 to £325,723 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 6 FORGE CLOSE has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The June 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FORGE CLOSE has not materially changed since June 2021.

How Large is 6 FORGE CLOSE?

6 FORGE CLOSE is 113m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% 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 6 FORGE CLOSE lies on this distribution: 26% of terraced houses houses are smaller than 6 FORGE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

6 FORGE CLOSE: Plot and Title Map

6 FORGE CLOSE sits on a plot of roughly 0.310 of an acre, or 1,253m². The below map shows the location of 6 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 6 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 6 FORGE CLOSE?

6 FORGE CLOSE is located in PALGRAVE, in the IP22 postcode district. The below map shows the position of No. 6 on FORGE CLOSE.