1, FORGE CLOSE, FAVERSHAM, ME13 8HZ - £115,000

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.

1 FORGE CLOSE is a detached house, which could now be worth an estimated £329,277. It was last sold for £115,000 in March 2002, which was around 29% below the average March 2002 detached price in the Swale local authority area.

1 FORGE CLOSE Sold Prices

Land registry data shows two sales for 1 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 1 FORGE CLOSE 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
2002 5 MAR	£115,000	£163,043	29% below HPI
1995 24 OCT	£40,000	£81,264	51% below HPI

What might 1 FORGE CLOSE be worth now?

1 FORGE CLOSE might now be worth an estimated £329,277.

This is based on house price inflation of 186.3%, between March 2002 and April 2026, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 186.3% inflationary increase is applied to the most recent sale price for 1 FORGE CLOSE of £115,000 on 5th March 2002. For the value to have increased from £115,000 to £329,277 over the 23 years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1 FORGE CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The March 2002 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FORGE CLOSE has not materially changed since March 2002.

Where is 1 FORGE CLOSE?

1 FORGE CLOSE is located in FAVERSHAM, in the ME13 postcode district.