THE OLD FORGE, STANE STREET, CODMORE HILL, PULBOROUGH, RH20 1BQ - £525,000

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 OLD FORGE is a large extended semi-detached house of 198m², built sometime before 1900, which could now be worth an estimated £733,098. It was last sold for £525,000 in June 2015, which was around 56% above the average June 2015 semi-detached price in the Horsham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, 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 semi-detached price in the Horsham local authority area for the corresponding sale date. Both of the two 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
2015 9 JUN	£525,000	£335,899	56% above HPI
1995 15 DEC	£155,000	£78,190	98% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from December 1995 and June 2015 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 December 1995 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the June 2015 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might THE OLD FORGE be worth now?

THE OLD FORGE might now be worth an estimated £733,098.

This is based on house price inflation of 39.6%, between June 2015 and June 2025, for semi-detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.6% inflationary increase is applied to the most recent sale price for THE OLD FORGE of £525,000 on 9th June 2015. For the value to have increased from £525,000 to £733,098 over the ten years to June 2025, the following assumptions must hold true:

• The value of THE OLD FORGE has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The June 2015 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FORGE has not materially changed since June 2015.

How Large is THE OLD FORGE?

THE OLD FORGE is 198m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of semi-detached houses houses in Codmore Hill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Codmore Hill, and where THE OLD FORGE lies on this distribution: 74% of semi-detached houses houses are smaller than THE OLD FORGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Codmore Hill.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.157 of an acre, or 636m². 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 STANE STREET in CODMORE HILL, in the RH20 postcode district. The below map shows the position of THE OLD FORGE on STANE STREET.