3, FORGE PLACE, FORGE LANE, GRAVESEND, DA12 2NF - £145,000

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.

3 FORGE PLACE is a very large flat of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £164,089. It was last sold for £145,000 in March 2016, which was around 5% below the average March 2016 flat price in the Gravesham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was G, and the potential energy rating was E.

3 FORGE PLACE Sold Prices

Land registry data shows six sales for 3 FORGE PLACE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Gravesham local authority area for the corresponding sale date. Most of the six 3 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
2016 30 MAR	£145,000	£152,197	5% below HPI
2009 23 DEC	£127,000	£108,074	18% above HPI
2005 13 DEC	£129,000	£114,665	13% above HPI
2005 25 FEB	£134,000	£116,733	15% above HPI
2001 23 JUL	£79,000	£67,805	17% above HPI
1999 8 OCT	£51,000	£49,215	4% above HPI

What might 3 FORGE PLACE be worth now?

3 FORGE PLACE might now be worth an estimated £164,089.

This is based on house price inflation of 13.2%, between March 2016 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 13.2% inflationary increase is applied to the most recent sale price for 3 FORGE PLACE of £145,000 on 30th March 2016. For the value to have increased from £145,000 to £164,089 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 FORGE PLACE has moved in line with the HPI for flats in the Gravesham local authority area.
• The March 2016 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORGE PLACE has not materially changed since March 2016.

How Large is 3 FORGE PLACE?

3 FORGE PLACE is 73m² according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of flats in Gravesend, based on EPC data. 89% of flats are smaller than 3 FORGE PLACE, and 11% of flats are larger. Note that EPC data is not available for all properties in Gravesend.

3 FORGE PLACE: Plot

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

Where is 3 FORGE PLACE?

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