THE OLD FORGE, 16, MOUNT PLEASANT, HILDENBOROUGH, TONBRIDGE, TN11 9JQ - £450,000

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.

THE OLD FORGE is a very small extended detached house of 74m², built sometime before 1900, which could now be worth an estimated £484,929. It was last sold for £450,000 in September 2021, which was around 30% below the average September 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

THE OLD FORGE Sold Prices

Land registry data shows two sales for THE OLD FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two THE OLD FORGE 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
2021 17 SEP	£450,000	£638,799	30% below HPI
2016 24 MAY	£340,000	£531,043	36% below HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two THE OLD FORGE sales from May 2016 and September 2021 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 May 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE OLD FORGE be worth now?

THE OLD FORGE might now be worth an estimated £484,929.

This is based on house price inflation of 7.8%, between September 2021 and February 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for THE OLD FORGE of £450,000 on 17th September 2021. For the value to have increased from £450,000 to £484,929 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of THE OLD FORGE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The September 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FORGE has not materially changed since September 2021.

How Large is THE OLD FORGE?

THE OLD FORGE is 74m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses houses in Hildenborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hildenborough, and where THE OLD FORGE lies on this distribution: 2% of detached houses houses are smaller than THE OLD FORGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hildenborough.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of THE OLD FORGE, 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 THE OLD FORGE). 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 THE OLD FORGE?

THE OLD FORGE is located on MOUNT PLEASANT in HILDENBOROUGH, in the TN11 postcode district. The below map shows the position of THE OLD FORGE on MOUNT PLEASANT.