1B, FORGE LANE, GRAVESEND, DA12 4DS - £285,000

1B FORGE LANE is a small semi-detached house of 95m², built sometime between 1991 and 1995. It was last sold for £285,000 in June 2015, which was around 33% below the average June 2015 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1B FORGE LANE Sold Prices

Land registry data shows five sales for 1B FORGE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the five 1B 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
2015 11 JUN	£285,000	£427,867	33% below HPI
2005 10 NOV	£207,000	£311,207	33% below HPI
2004 20 APR	£200,000	£309,626	35% below HPI
2000 6 JAN	£112,500	£169,863	34% below HPI
1999 31 AUG	£97,500	£158,478	38% below HPI

1B 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 five 1B FORGE LANE sales between August 1999 and June 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2015 sale, which was also at 33% below the HPI.

How Large is 1B FORGE LANE?

1B FORGE LANE is 95m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 1B FORGE LANE lies on this distribution: 28% of detached houses are smaller than 1B FORGE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

1B FORGE LANE: Plot and Title Map

1B FORGE LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 1B 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 1B 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 1B FORGE LANE?

1B FORGE LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 1B on FORGE LANE.