1, FORGE COTTAGES, HIGH STREET, MARDEN, TONBRIDGE, TN12 9DP - £470,000

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 COTTAGES is a small semi-detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £554,833. It was last sold for £470,000 in June 2021, which was around 43% above the average June 2021 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1 FORGE COTTAGES Sold Prices

Land registry data shows four sales for 1 FORGE COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the four 1 FORGE COTTAGES 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
2021 30 JUN	£470,000	£328,646	43% above HPI
2014 2 OCT	£365,000	£252,001	45% above HPI
2006 2 AUG	£334,000	£218,886	53% above HPI
1997 31 OCT	£117,000	£80,187	46% above HPI

1 FORGE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 1 FORGE COTTAGES sales between October 1997 and June 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 October 2014 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1 FORGE COTTAGES be worth now?

1 FORGE COTTAGES might now be worth an estimated £554,833.

This is based on house price inflation of 18%, between June 2021 and February 2025, for semi-detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 1 FORGE COTTAGES of £470,000 on 30th June 2021. For the value to have increased from £470,000 to £554,833 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 FORGE COTTAGES has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The June 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FORGE COTTAGES has not materially changed since June 2021.

How Large is 1 FORGE COTTAGES?

1 FORGE COTTAGES is 123m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of semi-detached houses houses in Marden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Marden, and where 1 FORGE COTTAGES lies on this distribution: 36% of semi-detached houses houses are smaller than 1 FORGE COTTAGES, and 63% of houses are larger. Note that EPC data is not available for all properties in Marden.

1 FORGE COTTAGES: Plot and Title Map

1 FORGE COTTAGES sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1 FORGE COTTAGES, 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 1 FORGE COTTAGES). 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 1 FORGE COTTAGES?

1 FORGE COTTAGES is located on HIGH STREET in MARDEN, in the TN12 postcode district. The below map shows the position of 1 FORGE COTTAGES on HIGH STREET.