19, FORGE LANE, HIGHAM, ROCHESTER, ME3 7AS - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

19 FORGE LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2022, which was around 18% below the average August 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was B.

19 FORGE LANE Sold Prices

Land registry data shows five sales for 19 FORGE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the five 19 FORGE LANE 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
2022 26 AUG	£525,000	£641,578	18% below HPI
2007 11 JUN	£310,000	£343,700	10% below HPI
2006 8 FEB	£190,000	£311,024	39% below HPI
2003 20 OCT	£190,000	£311,398	39% below HPI
1998 29 MAY	£101,500	£137,042	26% below HPI

19 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The five 19 FORGE LANE sales between May 1998 and August 2022 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 June 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 19 FORGE LANE?

19 FORGE LANE is 68m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where 19 FORGE LANE lies on this distribution: 3% of detached houses are smaller than 19 FORGE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Higham.

19 FORGE LANE: Plot and Title Map

19 FORGE LANE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 19 FORGE LANE, 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 19 FORGE LANE). 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 19 FORGE LANE?

19 FORGE LANE is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 19 on FORGE LANE.