FORGE HOUSE, EGERTON ROAD, CHARING HEATH, ASHFORD, TN27 0AX - £900,000

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

FORGE HOUSE is a midsized detached house of 146m², built sometime before 1900. It was last sold for £900,000 in October 2022, which was around 62% above the average October 2022 detached price in the Ashford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was G, and the potential energy rating was G.

FORGE HOUSE Sold Prices

Land registry data shows five sales for FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the five FORGE HOUSE 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
2022 14 OCT	£900,000	£555,945	62% above HPI
2019 4 OCT	£645,000	£471,175	37% above HPI
2009 11 DEC	£460,000	£294,368	56% above HPI
2004 25 JUN	£397,000	£265,703	49% above HPI
1998 22 MAY	£215,000	£122,132	76% above HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The five FORGE HOUSE sales between May 1998 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 October 2019 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is FORGE HOUSE?

FORGE HOUSE is 146m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses in Charing Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Charing Heath, and where FORGE HOUSE lies on this distribution: 44% of detached houses are smaller than FORGE HOUSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Charing Heath.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.418 of an acre, or 1,690m². The below map shows the location of FORGE HOUSE, 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 FORGE HOUSE). 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 FORGE HOUSE?

FORGE HOUSE is located on EGERTON ROAD in CHARING HEATH, in the TN27 postcode district. The below map shows the position of FORGE HOUSE on EGERTON ROAD.