FORGE COTTAGE, THE ROW, ELHAM, CANTERBURY, CT4 6UW - £397,500

FORGE COTTAGE is a midsized detached house of 121m², built sometime between 1930 and 1949. It was last sold for £397,500 in February 2021, which was around 12% below the average February 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows two sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. One of the two FORGE COTTAGE sales was for below the average price, whilst the other was 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
2021 5 FEB	£397,500	£451,647	12% below HPI
2009 8 JUN	£249,950	£250,404	Close to HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two FORGE COTTAGE sales from June 2009 and February 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 June 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 121m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Elham, based on EPC data. The below chart shows the distribution of detached houses by size in Elham, and where FORGE COTTAGE lies on this distribution: 48% of detached houses are smaller than FORGE COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Elham.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located on THE ROW in ELHAM, in the CT4 postcode district. The below map shows the position of FORGE COTTAGE on THE ROW.