THE OLD FORGE, LYNN ROAD, EAST WINCH, KING'S LYNN, PE32 1NP - £181,620

THE OLD FORGE is a very large detached house of 113m², built sometime before 1900. It was last sold for £181,620 in January 2014, which was around 15% below the average January 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

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 King's Lynn and West Norfolk 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
2014 3 JAN	£181,620	£212,994	15% below HPI
2007 19 MAR	£211,000	£205,668	3% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from March 2007 and January 2014 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 March 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 113m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses by size in East Winch, and where THE OLD FORGE lies on this distribution: 81% of detached houses are smaller than THE OLD FORGE, and 19% of houses are larger. Note that EPC data is not available for all properties in East Winch.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.508 of an acre, or 2,057m². 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 LYNN ROAD in EAST WINCH, in the PE32 postcode district. The below map shows the position of THE OLD FORGE on LYNN ROAD.