8, FORGE LANE, HEADCORN, ASHFORD, TN27 9QQ - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 FORGE LANE is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £530,000 in January 2014, which was around 50% above the average January 2014 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

8 FORGE LANE Sold Prices

Land registry data shows three sales for 8 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 Maidstone local authority area for the corresponding sale date. All of the three 8 FORGE LANE sales were 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
2014 31 JAN	£530,000	£352,937	50% above HPI
1999 23 APR	£220,000	£143,621	53% above HPI
1996 30 AUG	£165,000	£108,951	51% above HPI

8 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 8 FORGE LANE sales between August 1996 and January 2014 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 April 1999 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2014 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 8 FORGE LANE?

8 FORGE LANE is 162m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Headcorn, based on EPC data. The below chart shows the distribution of detached houses by size in Headcorn, and where 8 FORGE LANE lies on this distribution: 83% of detached houses are smaller than 8 FORGE LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

8 FORGE LANE: Plot and Title Map

8 FORGE LANE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 8 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 8 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 8 FORGE LANE?

8 FORGE LANE is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 8 on FORGE LANE.