THE FORGE, YOCKLETON, SHREWSBURY, SY5 9PH - £389,950

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 very large extended detached house of 177m², built sometime between 1983 and 1990, which could now be worth an estimated £614,250. It was last sold for £389,950 in July 2010, which was around 46% above the average July 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

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 Shropshire local authority area for the corresponding sale date. All of the three 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
2010 2 JUL	£389,950	£266,991	46% above HPI
2007 31 JAN	£365,000	£266,263	37% above HPI
2003 23 MAY	£250,000	£195,842	28% above HPI

THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three THE FORGE sales between May 2003 and July 2010 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 January 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2010 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £614,250.

This is based on house price inflation of 57.5%, between July 2010 and April 2026, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.5% inflationary increase is applied to the most recent sale price for THE FORGE of £389,950 on 2nd July 2010. For the value to have increased from £389,950 to £614,250 over the sixteen years and three months to April 2026, the following assumptions must hold true:

• The value of THE FORGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2010 sale price of £389,950 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since July 2010.

How Large is THE FORGE?

THE FORGE is 177m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Yockleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yockleton, and where THE FORGE lies on this distribution: 87% of detached houses houses are smaller than THE FORGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Yockleton.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.454 of an acre, or 1,836m². 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 YOCKLETON, in the SY5 postcode district. The below map shows the position of THE FORGE in YOCKLETON.