12, FORGE PLACE, HORLEY, RH6 0AL - £320,000

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.

12 FORGE PLACE is a very small extended terraced house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £395,155. It was last sold for £320,000 in November 2015, which was around 10% below the average November 2015 terraced price in the Mole Valley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

12 FORGE PLACE Sold Prices

Land registry data shows two sales for 12 FORGE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mole Valley local authority area for the corresponding sale date. One of the two 12 FORGE PLACE sales was for below the average price, whilst the other was 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
2015 6 NOV	£320,000	£356,078	10% below HPI
2003 26 NOV	£244,950	£194,667	26% above HPI

12 FORGE PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mole Valley local authority area over time, sourced from the HPI. The two 12 FORGE PLACE sales from November 2003 and November 2015 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 November 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 FORGE PLACE be worth now?

12 FORGE PLACE might now be worth an estimated £395,155.

This is based on house price inflation of 23.5%, between November 2015 and May 2026, for terraced houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 12 FORGE PLACE of £320,000 on 6th November 2015. For the value to have increased from £320,000 to £395,155 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 12 FORGE PLACE has moved in line with the HPI for terraced houses in the Mole Valley local authority area.
• The November 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FORGE PLACE has not materially changed since November 2015.

How Large is 12 FORGE PLACE?

12 FORGE PLACE is 92m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of terraced houses houses in Hookwood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hookwood, and where 12 FORGE PLACE lies on this distribution: 12% of terraced houses houses are smaller than 12 FORGE PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hookwood.

12 FORGE PLACE: Plot and Title Map

12 FORGE PLACE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 12 FORGE PLACE, 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 12 FORGE PLACE). 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 12 FORGE PLACE?

12 FORGE PLACE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 12 on FORGE PLACE.