4, FORGE ROAD, KENILWORTH, CV8 2HR - £189,000

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.

4 FORGE ROAD is a very small terraced house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £290,257. It was last sold for £189,000 in March 2015, which was around 9% below the average March 2015 terraced price in the Warwick local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

4 FORGE ROAD Sold Prices

Land registry data shows six sales for 4 FORGE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Warwick local authority area for the corresponding sale date. The six 4 FORGE ROAD sales were a mix of below the average price, and roughly equal to 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 16 MAR	£189,000	£208,627	9% below HPI
2006 3 MAR	£136,000	£160,260	15% below HPI
2005 14 JAN	£135,000	£160,327	16% below HPI
2002 9 AUG	£97,500	£114,195	15% below HPI
2001 4 MAY	£80,000	£93,196	14% below HPI
1996 26 JUL	£55,500	£55,536	Close to HPI

4 FORGE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Warwick local authority area over time, sourced from the HPI. The six 4 FORGE ROAD sales between July 1996 and March 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 March 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 FORGE ROAD be worth now?

4 FORGE ROAD might now be worth an estimated £290,257.

This is based on house price inflation of 53.6%, between March 2015 and May 2026, for terraced houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.6% inflationary increase is applied to the most recent sale price for 4 FORGE ROAD of £189,000 on 16th March 2015. For the value to have increased from £189,000 to £290,257 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 FORGE ROAD has moved in line with the HPI for terraced houses in the Warwick local authority area.
• The March 2015 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FORGE ROAD has not materially changed since March 2015.

How Large is 4 FORGE ROAD?

4 FORGE ROAD is 70m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kenilworth, and where 4 FORGE ROAD lies on this distribution: 3% of terraced houses houses are smaller than 4 FORGE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

4 FORGE ROAD: Plot and Title Map

4 FORGE ROAD sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 4 FORGE ROAD, 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 4 FORGE ROAD). 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 4 FORGE ROAD?

4 FORGE ROAD is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 4 on FORGE ROAD.