1C, FORGE LANE, GRAVESEND, DA12 4DS - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1C FORGE LANE is a very small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £421,314. It was last sold for £425,000 in October 2022, which was around 33% below the average October 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

1C FORGE LANE Sold Prices

Land registry data shows three sales for 1C FORGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three 1C 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 25 OCT	£425,000	£635,607	33% below HPI
2015 1 SEP	£310,000	£447,717	31% below HPI
1999 20 AUG	£97,500	£151,825	36% below HPI

1C 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 three 1C FORGE LANE sales between August 1999 and October 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 September 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1C FORGE LANE be worth now?

1C FORGE LANE might now be worth an estimated £421,314.

This is based on house price deflation of 0.9%, between October 2022 and December 2024, 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 0.9% deflationary decrease is applied to the most recent sale price for 1C FORGE LANE of £425,000 on 25th October 2022. For the value to have decreased from £425,000 to £421,314 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 1C FORGE LANE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The October 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1C FORGE LANE has not materially changed since October 2022.

How Large is 1C FORGE LANE?

1C FORGE LANE is 85m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 1C FORGE LANE lies on this distribution: 18% of detached houses houses are smaller than 1C FORGE LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

1C FORGE LANE: Plot and Title Map

1C FORGE LANE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1C 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 1C 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 1C FORGE LANE?

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