THE OLD FORGE, BLACKSMITHS LANE, MAISEMORE, GLOUCESTER, GL2 8HW - £425,000

THE OLD FORGE is a large extended detached house of 180m², built sometime before 1900. It was last sold for £425,000 in August 2018, which was around 3% below the average August 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was D.

THE OLD FORGE Sold Prices

Land registry data shows two sales for THE OLD 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 Tewkesbury local authority area for the corresponding sale date. One of the two THE OLD FORGE sales was for below the average price, whilst the other was 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 10 AUG	£425,000	£437,875	3% below HPI
2006 21 JUL	£345,000	£301,827	14% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from July 2006 and August 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 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 180m², which includes four extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Maisemore, based on EPC data. The below chart shows the distribution of detached houses by size in Maisemore, and where THE OLD FORGE lies on this distribution: 75% of detached houses are smaller than THE OLD FORGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Maisemore.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.149 of an acre, or 604m². 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 is located on BLACKSMITHS LANE in MAISEMORE, in the GL2 postcode district. The below map shows the position of THE OLD FORGE on BLACKSMITHS LANE.