THE FORGE, ORLETON, LUDLOW, SY8 4HR - £527,500

THE FORGE is a very large extended detached house of 189m², built sometime before 1900. It was last sold for £527,500 in January 2018, which was around 60% above the average January 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

THE FORGE Sold Prices

Land registry data shows two sales for THE FORGE 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 THE 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
2018 11 JAN	£527,500	£329,035	60% above HPI
2005 29 JUL	£355,000	£254,709	39% above HPI

THE FORGE 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 THE FORGE sales from July 2005 and January 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 July 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE FORGE?

THE FORGE is 189m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Orleton, based on EPC data. The below chart shows the distribution of detached houses by size in Orleton, and where THE FORGE lies on this distribution: 86% of detached houses are smaller than THE FORGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Orleton.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.176 of an acre, or 713m². 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 in ORLETON, in the SY8 postcode district. The below map shows the position of THE FORGE in ORLETON.