2, FORGE PLACE, FORGE LANE, GRAVESEND, DA12 2NF - £183,000

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.

2 FORGE PLACE is a large flat of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £170,557. It was last sold for £183,000 in April 2022, which was around 1% below the average April 2022 flat price in the Gravesham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 FORGE PLACE Sold Prices

Land registry data shows five sales for 2 FORGE PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Gravesham local authority area for the corresponding sale date. Most of the five 2 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
2022 1 APR	£183,000	£184,603	1% below HPI
2012 17 AUG	£125,000	£108,394	15% above HPI
2009 1 OCT	£123,000	£108,316	14% above HPI
2005 8 DEC	£132,000	£114,665	15% above HPI
2003 30 OCT	£120,000	£103,333	16% above HPI

What might 2 FORGE PLACE be worth now?

2 FORGE PLACE might now be worth an estimated £170,557.

This is based on house price deflation of 6.8%, between April 2022 and April 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 6.8% deflationary decrease is applied to the most recent sale price for 2 FORGE PLACE of £183,000 on 1st April 2022. For the value to have decreased from £183,000 to £170,557 over the four years to April 2026, the following assumptions must hold true:

• The value of 2 FORGE PLACE has moved in line with the HPI for flats in the Gravesham local authority area.
• The April 2022 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORGE PLACE has not materially changed since April 2022.

How Large is 2 FORGE PLACE?

2 FORGE PLACE is 66m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of flats in Gravesend, based on EPC data. 77% of flats are smaller than 2 FORGE PLACE, and 21% of flats are larger. Note that EPC data is not available for all properties in Gravesend.

2 FORGE PLACE: Plot

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

Where is 2 FORGE PLACE?

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