FORGE COTTAGE, BEAFORD, WINKLEIGH, EX19 8LT - £250,000

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.

FORGE COTTAGE is a very small extended terraced house of 83m², built sometime before 1900, which could now be worth an estimated £234,681. It was last sold for £250,000 in September 2023, which was around 15% above the average September 2023 terraced price in the Torridge local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was F.

FORGE COTTAGE Sold Prices

Land registry data shows four sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Torridge local authority area for the corresponding sale date. two of the four FORGE COTTAGE sales were for above the average price, and four 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
2023 29 SEP	£250,000	£217,537	15% above HPI
2009 30 OCT	£115,000	£140,250	18% below HPI
2002 5 JUL	£71,000	£77,793	9% below HPI
2001 14 FEB	£63,950	£57,033	12% above HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Torridge local authority area over time, sourced from the HPI. The four FORGE COTTAGE sales between February 2001 and September 2023 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 October 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might FORGE COTTAGE be worth now?

FORGE COTTAGE might now be worth an estimated £234,681.

This is based on house price deflation of 6.1%, between September 2023 and April 2026, for terraced houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.1% deflationary decrease is applied to the most recent sale price for FORGE COTTAGE of £250,000 on 29th September 2023. For the value to have decreased from £250,000 to £234,681 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of FORGE COTTAGE has moved in line with the HPI for terraced houses in the Torridge local authority area.
• The September 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE COTTAGE has not materially changed since September 2023.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of terraced houses houses in Beaford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Beaford, and where FORGE COTTAGE lies on this distribution: 19% of terraced houses houses are smaller than FORGE COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Beaford.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located in BEAFORD, in the EX19 postcode district. The below map shows the position of FORGE COTTAGE in BEAFORD.