FORGE COTTAGE, WALFORD, ROSS-ON-WYE, HR9 5QS - £495,000

FORGE COTTAGE is a small extended detached house of 115m², built sometime before 1900. It was last sold for £495,000 in November 2022, which was around 9% above the average November 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

FORGE COTTAGE Sold Prices

Land registry data shows two sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two FORGE COTTAGE 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
2022 17 NOV	£495,000	£455,556	9% above HPI
1995 31 MAR	£127,000	£85,481	49% above HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two FORGE COTTAGE sales from March 1995 and November 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 March 1995 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 115m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Walford, based on EPC data. The below chart shows the distribution of detached houses by size in Walford, and where FORGE COTTAGE lies on this distribution: 27% of detached houses are smaller than FORGE COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Walford.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.314 of an acre, or 1,270m². 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 WALFORD, in the HR9 postcode district. The below map shows the position of FORGE COTTAGE in WALFORD.