FORGE HOUSE, PERRY STREET, CHISLEHURST, BR7 6HA - £975,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FORGE HOUSE is a large extended detached house of 217m², built sometime between 1976 and 1982, which could now be worth an estimated £1,142,798. It was last sold for £975,000 in March 2020, which was around 9% above the average March 2020 detached price in the Bromley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

FORGE HOUSE Sold Prices

Land registry data shows three sales for FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. The three FORGE HOUSE sales were a mix of above the average price, and roughly equal to 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 10 MAR	£975,000	£895,768	9% above HPI
2015 29 JUN	£885,000	£784,022	13% above HPI
2002 11 NOV	£425,000	£424,655	Close to HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three FORGE HOUSE sales between November 2002 and March 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 June 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might FORGE HOUSE be worth now?

FORGE HOUSE might now be worth an estimated £1,142,798.

This is based on house price inflation of 17.2%, between March 2020 and December 2024, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for FORGE HOUSE of £975,000 on 10th March 2020. For the value to have increased from £975,000 to £1,142,798 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of FORGE HOUSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The March 2020 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE HOUSE has not materially changed since March 2020.

How Large is FORGE HOUSE?

FORGE HOUSE is 217m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses houses in Chislehurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chislehurst, and where FORGE HOUSE lies on this distribution: 68% of detached houses houses are smaller than FORGE HOUSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chislehurst.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.246 of an acre, or 995m². 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 PERRY STREET in CHISLEHURST, in the BR7 postcode district. The below map shows the position of FORGE HOUSE on PERRY STREET.