OLD FORGE, NEWMARKET ROAD, KENNETT, NEWMARKET, CB8 7PP - £478,000

OLD FORGE is a large extended semi-detached house of 175m², built sometime before 1900. It was last sold for £478,000 in April 2019, which was around 24% above the average April 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

OLD FORGE Sold Prices

Land registry data shows four sales for OLD FORGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four OLD FORGE 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
2019 18 APR	£478,000	£384,388	24% above HPI
2014 30 OCT	£415,000	£305,091	36% above HPI
2004 21 MAY	£335,500	£207,836	61% above HPI
2000 7 APR	£197,500	£125,617	57% above HPI

OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four OLD FORGE sales between April 2000 and April 2019 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 2014 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is OLD FORGE?

OLD FORGE is 175m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 40% of detached houses in Kentford, based on EPC data. The below chart shows the distribution of detached houses by size in Kentford, and where OLD FORGE lies on this distribution: 69% of detached houses are smaller than OLD FORGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Kentford.

OLD FORGE: Plot and Title Map

OLD FORGE sits on a plot of roughly 0.399 of an acre, or 1,615m². The below map shows the location of OLD FORGE, 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). 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?

OLD FORGE is located on NEWMARKET ROAD in KENNETT, in the CB8 postcode district. The below map shows the position of OLD FORGE on NEWMARKET ROAD.