FORGE HOUSE, HERNE STREET, HERNE BAY, CT6 7JB - £250,000

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.

FORGE HOUSE is a midsized extended detached house of 112m², built sometime before 1900, which could now be worth an estimated £241,311. It was last sold for £250,000 in March 2023, which was around 58% below the average March 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

FORGE HOUSE Sold Prices

Land registry data shows four sales for FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the four FORGE HOUSE 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
2023 17 MAR	£250,000	£591,039	58% below HPI
2016 1 JUN	£228,000	£416,074	45% below HPI
2007 23 AUG	£190,000	£318,759	40% below HPI
2002 20 AUG	£90,000	£199,751	55% below HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The four FORGE HOUSE sales between August 2002 and March 2023 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 June 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2023 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might FORGE HOUSE be worth now?

FORGE HOUSE might now be worth an estimated £241,311.

This is based on house price deflation of 3.5%, between March 2023 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% deflationary decrease is applied to the most recent sale price for FORGE HOUSE of £250,000 on 17th March 2023. For the value to have decreased from £250,000 to £241,311 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of FORGE HOUSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The March 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE HOUSE has not materially changed since March 2023.

How Large is FORGE HOUSE?

FORGE HOUSE is 112m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses houses in Herne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne, and where FORGE HOUSE lies on this distribution: 56% of detached houses houses are smaller than FORGE HOUSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Herne.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.033 of an acre, or 134m². 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 HERNE STREET in HERNE BAY, in the CT6 postcode district. The below map shows the position of FORGE HOUSE on HERNE STREET.