1, FORGE PLACE, FORGE LANE, GRAVESEND, DA12 2NF - £132,000

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.

1 FORGE PLACE is a very large flat of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £178,621. It was last sold for £132,000 in January 2015, which was around 4% above the average January 2015 flat price in the Gravesham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

1 FORGE PLACE Sold Prices

Land registry data shows three sales for 1 FORGE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Gravesham local authority area for the corresponding sale date. All of the three 1 FORGE PLACE 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
2015 19 JAN	£132,000	£127,279	4% above HPI
2010 31 MAR	£128,000	£109,760	17% above HPI
2008 31 OCT	£135,000	£116,948	15% above HPI

What might 1 FORGE PLACE be worth now?

1 FORGE PLACE might now be worth an estimated £178,621.

This is based on house price inflation of 35.3%, between January 2015 and May 2026, for flats, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 1 FORGE PLACE of £132,000 on 19th January 2015. For the value to have increased from £132,000 to £178,621 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 FORGE PLACE has moved in line with the HPI for flats in the Gravesham local authority area.
• The January 2015 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FORGE PLACE has not materially changed since January 2015.

How Large is 1 FORGE PLACE?

1 FORGE PLACE is 73m² according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of flats in Gravesend, based on EPC data. 87% of flats are smaller than 1 FORGE PLACE, and 11% of flats are larger. Note that EPC data is not available for all properties in Gravesend.

1 FORGE PLACE: Plot

1 FORGE PLACE sits on a plot of roughly 0.267 of an acre, or 1,079m².

Where is 1 FORGE PLACE?

1 FORGE PLACE is located on FORGE LANE in GRAVESEND, in the DA12 postcode district.