OLD FORGE COTTAGE, MARKET PLACE, ABRIDGE, ROMFORD, RM4 1UA - £367,500

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.

OLD FORGE COTTAGE is a very small terraced house of 66m², built sometime before 1900, which could now be worth an estimated £423,468. It was last sold for £367,500 in November 2017, which was around 8% below the average November 2017 terraced price in the Epping Forest local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

OLD FORGE COTTAGE Sold Prices

Land registry data shows three sales for OLD FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. Two of the three OLD FORGE COTTAGE sales were for below the average price, whilst one was 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
2017 1 NOV	£367,500	£398,702	8% below HPI
2013 24 MAY	£250,000	£268,737	7% below HPI
2001 26 OCT	£167,500	£142,579	17% above HPI

OLD FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Epping Forest local authority area over time, sourced from the HPI. The three OLD FORGE COTTAGE sales between October 2001 and November 2017 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 May 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might OLD FORGE COTTAGE be worth now?

OLD FORGE COTTAGE might now be worth an estimated £423,468.

This is based on house price inflation of 15.2%, between November 2017 and June 2025, for terraced houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.2% inflationary increase is applied to the most recent sale price for OLD FORGE COTTAGE of £367,500 on 1st November 2017. For the value to have increased from £367,500 to £423,468 over the eight years and five months to June 2025, the following assumptions must hold true:

• The value of OLD FORGE COTTAGE has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The November 2017 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of OLD FORGE COTTAGE has not materially changed since November 2017.

How Large is OLD FORGE COTTAGE?

OLD FORGE COTTAGE is 66m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of terraced houses houses in Abridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Abridge, and where OLD FORGE COTTAGE lies on this distribution: 5% of terraced houses houses are smaller than OLD FORGE COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Abridge.

OLD FORGE COTTAGE: Plot and Title Map

OLD FORGE COTTAGE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of OLD 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 OLD 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 OLD FORGE COTTAGE?

OLD FORGE COTTAGE is located on MARKET PLACE in ABRIDGE, in the RM4 postcode district. The below map shows the position of OLD FORGE COTTAGE on MARKET PLACE.