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

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

3 FORGE COTTAGES is a small extended detached house of 112m², built sometime between 2003 and 2006. It was last sold for £672,000 in November 2020, which was around 18% 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	£822,398	18% below HPI
2007 2 FEB	£430,000	£472,464	9% below HPI
2001 16 JAN	£93,000	£295,675	69% below HPI
1996 7 FEB	£37,000	£151,661	76% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Sevenoaks Weald, based on EPC data. The below chart shows the distribution of detached houses by size in Sevenoaks Weald, and where 3 FORGE COTTAGES lies on this distribution: 34% of detached houses are smaller than 3 FORGE COTTAGES, and 66% 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.