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

THE FORGE is a very large extended detached house of 177m², built sometime between 1983 and 1990. It was last sold for £389,950 in July 2010, which was around 50% 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	£259,736	50% above HPI
2007 31 JAN	£365,000	£259,028	41% above HPI
2003 23 MAY	£250,000	£190,520	31% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2010 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

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 10% of detached houses in Yockleton, based on EPC data. The below chart shows the distribution of detached houses by size in Yockleton, and where THE FORGE lies on this distribution: 91% of detached houses are smaller than THE FORGE, and 9% 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.