15, FORGE PLACE, HORLEY, RH6 0AL - £450,000

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.

15 FORGE PLACE is a small extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £511,113. It was last sold for £450,000 in March 2021, which was around 48% below the average March 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

15 FORGE PLACE Sold Prices

Land registry data shows three sales for 15 FORGE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the three 15 FORGE PLACE sales were for below 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
2021 19 MAR	£450,000	£862,589	48% below HPI
2007 4 OCT	£329,950	£594,011	44% below HPI
2004 30 JUN	£288,000	£445,823	35% below HPI

15 FORGE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The three 15 FORGE PLACE sales between June 2004 and March 2021 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 2007 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 15 FORGE PLACE be worth now?

15 FORGE PLACE might now be worth an estimated £511,113.

This is based on house price inflation of 13.6%, between March 2021 and February 2025, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 15 FORGE PLACE of £450,000 on 19th March 2021. For the value to have increased from £450,000 to £511,113 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 FORGE PLACE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The March 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FORGE PLACE has not materially changed since March 2021.

How Large is 15 FORGE PLACE?

15 FORGE PLACE is 103m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses houses in Hookwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hookwood, and where 15 FORGE PLACE lies on this distribution: 23% of detached houses houses are smaller than 15 FORGE PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hookwood.

15 FORGE PLACE: Plot and Title Map

15 FORGE PLACE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 15 FORGE PLACE, 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 15 FORGE PLACE). 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 15 FORGE PLACE?

15 FORGE PLACE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 15 on FORGE PLACE.