12, FORGEFIELDS, HERNE BAY, CT6 7TB - £227,500

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 FORGEFIELDS is a very small terraced house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £273,707. It was last sold for £227,500 in July 2017, which was around 10% below the average July 2017 terraced price in the Canterbury local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

12 FORGEFIELDS Sold Prices

Land registry data shows two sales for 12 FORGEFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Canterbury local authority area for the corresponding sale date. Both of the two 12 FORGEFIELDS 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
2017 21 JUL	£227,500	£251,641	10% below HPI
2011 27 SEP	£143,000	£175,143	18% below HPI

12 FORGEFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Canterbury local authority area over time, sourced from the HPI. The two 12 FORGEFIELDS sales from September 2011 and July 2017 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 September 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 FORGEFIELDS be worth now?

12 FORGEFIELDS might now be worth an estimated £273,707.

This is based on house price inflation of 20.3%, between July 2017 and April 2026, for terraced houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 12 FORGEFIELDS of £227,500 on 21st July 2017. For the value to have increased from £227,500 to £273,707 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 12 FORGEFIELDS has moved in line with the HPI for terraced houses in the Canterbury local authority area.
• The July 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FORGEFIELDS has not materially changed since July 2017.

How Large is 12 FORGEFIELDS?

12 FORGEFIELDS is 60m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Herne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Herne, and where 12 FORGEFIELDS lies on this distribution: 2% of terraced houses houses are smaller than 12 FORGEFIELDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Herne.

12 FORGEFIELDS: Plot and Title Map

12 FORGEFIELDS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 12 FORGEFIELDS, 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 FORGEFIELDS). 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 FORGEFIELDS?

12 FORGEFIELDS is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 12 on FORGEFIELDS.