THE FORGE, CHURCHEND, SLIMBRIDGE, GLOUCESTER, GL2 7BL - £515,000

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.

THE FORGE is a midsized extended detached house of 135m², built sometime before 1900, which could now be worth an estimated £657,108. It was last sold for £515,000 in March 2018, which was around 20% above the average March 2018 detached price in the Stroud local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

THE FORGE Sold Prices

Land registry data shows three sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. One of the three THE FORGE sales was for above the average price, whilst two 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
2018 9 MAR	£515,000	£429,241	20% above HPI
2012 21 AUG	£250,000	£327,758	24% below HPI
2001 12 FEB	£137,000	£167,026	18% below HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The three THE FORGE sales between February 2001 and March 2018 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 August 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £657,108.

This is based on house price inflation of 27.6%, between March 2018 and June 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for THE FORGE of £515,000 on 9th March 2018. For the value to have increased from £515,000 to £657,108 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of THE FORGE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The March 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since March 2018.

How Large is THE FORGE?

THE FORGE is 135m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses houses in Slimbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slimbridge, and where THE FORGE lies on this distribution: 43% of detached houses houses are smaller than THE FORGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Slimbridge.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of THE 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 THE 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 THE FORGE?

THE FORGE is located on CHURCHEND in SLIMBRIDGE, in the GL2 postcode district. The below map shows the position of THE FORGE on CHURCHEND.