7, FORGE LANE, GRAVESEND, DA12 4DS - £365,000

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.

7 FORGE LANE is a small extended terraced house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £419,236. It was last sold for £365,000 in April 2021, which was around 33% above the average April 2021 terraced price in the Gravesham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

7 FORGE LANE Sold Prices

Land registry data shows two sales for 7 FORGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. Both of the two 7 FORGE LANE sales were 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
2021 30 APR	£365,000	£275,013	33% above HPI
2012 9 MAR	£173,000	£162,289	7% above HPI

7 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gravesham local authority area over time, sourced from the HPI. The two 7 FORGE LANE sales from March 2012 and April 2021 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 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 7 FORGE LANE be worth now?

7 FORGE LANE might now be worth an estimated £419,236.

This is based on house price inflation of 14.9%, between April 2021 and June 2025, for terraced houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 7 FORGE LANE of £365,000 on 30th April 2021. For the value to have increased from £365,000 to £419,236 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 7 FORGE LANE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The April 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FORGE LANE has not materially changed since April 2021.

How Large is 7 FORGE LANE?

7 FORGE LANE is 98m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of terraced houses houses in Gravesend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gravesend, and where 7 FORGE LANE lies on this distribution: 31% of terraced houses houses are smaller than 7 FORGE LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

7 FORGE LANE: Plot and Title Map

7 FORGE LANE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 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 7 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 7 FORGE LANE?

7 FORGE LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 7 on FORGE LANE.