11, FORGE LANE, HIGHAM, ROCHESTER, ME3 7AS - £310,000

11 FORGE LANE is a midsized extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £310,000 in March 2008, which was around 15% below the average March 2008 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

11 FORGE LANE Sold Prices

Land registry data shows three sales for 11 FORGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three 11 FORGE LANE 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
2008 10 MAR	£310,000	£363,214	15% below HPI
2005 2 JUN	£190,000	£309,284	39% below HPI
2001 7 SEP	£112,000	£227,519	51% below HPI

11 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The three 11 FORGE LANE sales between September 2001 and March 2008 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 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2008 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 11 FORGE LANE?

11 FORGE LANE is 129m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where 11 FORGE LANE lies on this distribution: 48% of detached houses are smaller than 11 FORGE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Higham.

11 FORGE LANE: Plot and Title Map

11 FORGE LANE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 11 FORGE LANE, 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 11 FORGE LANE). 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 11 FORGE LANE?

11 FORGE LANE is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 11 on FORGE LANE.