1B, FORGE LANE, GRAVESEND, DA12 4DS - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1B FORGE LANE is a small semi-detached house of 95m², built sometime between 1991 and 1995. It was last sold for £285,000 in June 2015, which was around 33% below the average June 2015 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1B FORGE LANE Sold Prices

Land registry data shows five sales for 1B FORGE LANE since 1st 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 1B FORGE LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2015
11 JUN
£285,000£427,867
down arrow
33% below HPI
2005
10 NOV
£207,000£311,207
down arrow
33% below HPI
2004
20 APR
£200,000£309,626
down arrow
35% below HPI
2000
6 JAN
£112,500£169,863
down arrow
34% below HPI
1999
31 AUG
£97,500£158,478
down arrow
38% below HPI

1B 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 1B FORGE LANE sales between August 1999 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 November 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2015 sale, which was also at 33% below the HPI.

1B, FORGE LANE, GRAVESEND, DA12 4DS: Price paid vs HM Land Registry's House Price Index

How Large is 1B FORGE LANE?

1B FORGE LANE is 95m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 1B FORGE LANE lies on this distribution: 28% of detached houses are smaller than 1B FORGE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

1B, FORGE LANE, GRAVESEND, DA12 4DS: Size of property relative to detached houses in Gravesend

1B FORGE LANE: Plot and Title Map

1B FORGE LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 1B 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 1B 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.

1B, FORGE LANE, GRAVESEND, DA12 4DS: Plot and title map

Where is 1B FORGE LANE?

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

1B, FORGE LANE, GRAVESEND, DA12 4DS: Location map and indicative extent of plot

All sales of detached houses on FORGE LANE

1B, FORGE LANE, GRAVESEND, DA12 4DS
2005
10 NOV
£207,000
1B, FORGE LANE, GRAVESEND, DA12 4DS
2004
20 APR
£200,000
1B, FORGE LANE, GRAVESEND, DA12 4DS
2000
6 JAN
£112,500
1B, FORGE LANE, GRAVESEND, DA12 4DS
1999
31 AUG
£97,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.