1A, FORGE LANE, GRAVESEND, DA12 2NE - £477,500

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.

1A FORGE LANE is a very large detached house of 158m², built sometime between 1976 and 1982, which could now be worth an estimated £604,397. It was last sold for £477,500 in August 2016, which was around 4% below the average August 2016 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

1A FORGE LANE Sold Prices

Land registry data shows two sales for 1A FORGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. One of the two 1A FORGE LANE 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
2016 30 AUG	£477,500	£496,798	4% below HPI
2002 31 MAY	£230,000	£226,702	1% above HPI

1A 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 two 1A FORGE LANE sales from May 2002 and August 2016 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 May 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1A FORGE LANE be worth now?

1A FORGE LANE might now be worth an estimated £604,397.

This is based on house price inflation of 26.6%, between August 2016 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.6% inflationary increase is applied to the most recent sale price for 1A FORGE LANE of £477,500 on 30th August 2016. For the value to have increased from £477,500 to £604,397 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1A FORGE LANE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The August 2016 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 1A FORGE LANE has not materially changed since August 2016.

How Large is 1A FORGE LANE?

1A FORGE LANE is 158m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where 1A FORGE LANE lies on this distribution: 80% of detached houses houses are smaller than 1A FORGE LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

1A FORGE LANE: Plot and Title Map

1A FORGE LANE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 1A 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 1A 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 1A FORGE LANE?

1A FORGE LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 1A on FORGE LANE.