5, OLD FORGE WAY, SIDCUP, DA14 4QL - £775,000

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.

5 OLD FORGE WAY is a small extended detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £941,011. It was last sold for £775,000 in December 2019, which was around 29% above the average December 2019 detached price in the Bexley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

5 OLD FORGE WAY Sold Prices

Land registry data shows one sale for 5 OLD FORGE WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 18 DEC	£775,000	£599,315	29% above HPI

What might 5 OLD FORGE WAY be worth now?

5 OLD FORGE WAY might now be worth an estimated £941,011.

This is based on house price inflation of 21.4%, between December 2019 and April 2026, for detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for 5 OLD FORGE WAY of £775,000 on 18th December 2019. For the value to have increased from £775,000 to £941,011 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 OLD FORGE WAY has moved in line with the HPI for detached houses in the Bexley local authority area.
• The December 2019 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLD FORGE WAY has not materially changed since December 2019.

How Large is 5 OLD FORGE WAY?

5 OLD FORGE WAY is 121m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Sidcup, based on EPC data. The below chart shows the distribution of detached houses by size in Sidcup, and where 5 OLD FORGE WAY lies on this distribution: 39% of detached houses are smaller than 5 OLD FORGE WAY, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Sidcup.

5 OLD FORGE WAY: Plot

5 OLD FORGE WAY sits on a plot of roughly 0.136 of an acre, or 551m².

Where is 5 OLD FORGE WAY?

5 OLD FORGE WAY is located in SIDCUP, in the DA14 postcode district.