THE OLD FORGE, AISLING COURT, BOTLEY ROAD, FAIR OAK, EASTLEIGH, SO50 7AP - £340,000

THE OLD FORGE is a small extended detached house of 104m², built sometime before 1900. It was last sold for £340,000 in June 2019, which was around 24% below the average June 2019 detached price in the Eastleigh local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

THE OLD FORGE Sold Prices

Land registry data shows five sales for THE OLD FORGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Most of the five THE 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 28 JUN	£340,000	£448,904	24% below HPI
2018 25 OCT	£365,000	£451,484	19% below HPI
2008 19 DEC	£315,000	£288,747	9% above HPI
2005 14 OCT	£430,000	£286,219	50% above HPI
1996 26 JUL	£110,000	£101,398	8% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The five THE OLD FORGE sales between July 1996 and June 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 104m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in Horton Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Horton Heath, and where THE OLD FORGE lies on this distribution: 26% of detached houses are smaller than THE OLD FORGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Horton Heath.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of THE 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 THE 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 THE OLD FORGE?

THE OLD FORGE, AISLING COURT is located on BOTLEY ROAD in FAIR OAK, in the SO50 postcode district. The below map shows the position of THE OLD FORGE, AISLING COURT on BOTLEY ROAD.