3, FORGE COTTAGES, MORLEYS ROAD, WEALD, SEVENOAKS, TN14 6QT - £672,000

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.

3 FORGE COTTAGES is a small extended detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £763,310. It was last sold for £672,000 in November 2020, which was around 22% below the average November 2020 detached price in the Sevenoaks local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

3 FORGE COTTAGES Sold Prices

Land registry data shows four sales for 3 FORGE COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the four 3 FORGE COTTAGES 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
2020 9 NOV	£672,000	£866,310	22% below HPI
2007 2 FEB	£430,000	£497,692	14% below HPI
2001 16 JAN	£93,000	£311,463	70% below HPI
1996 7 FEB	£37,000	£159,759	77% below HPI

3 FORGE COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The four 3 FORGE COTTAGES sales between February 1996 and November 2020 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 February 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 FORGE COTTAGES be worth now?

3 FORGE COTTAGES might now be worth an estimated £763,310.

This is based on house price inflation of 13.6%, between November 2020 and February 2025, for detached houses, in the Sevenoaks 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 3 FORGE COTTAGES of £672,000 on 9th November 2020. For the value to have increased from £672,000 to £763,310 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 FORGE COTTAGES has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The November 2020 sale price of £672,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORGE COTTAGES has not materially changed since November 2020.

How Large is 3 FORGE COTTAGES?

3 FORGE COTTAGES is 112m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses houses in Sevenoaks Weald, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sevenoaks Weald, and where 3 FORGE COTTAGES lies on this distribution: 32% of detached houses houses are smaller than 3 FORGE COTTAGES, and 68% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks Weald.

3 FORGE COTTAGES: Plot and Title Map

3 FORGE COTTAGES sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 FORGE COTTAGES, 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 3 FORGE COTTAGES). 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 3 FORGE COTTAGES?

3 FORGE COTTAGES is located on MORLEYS ROAD in WEALD, in the TN14 postcode district. The below map shows the position of 3 FORGE COTTAGES on MORLEYS ROAD.