3, OLD FORGE WAY, SIDCUP, DA14 4QL - £650,000

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 OLD FORGE WAY is a very large extended terraced house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £800,549. It was last sold for £650,000 in May 2020, which was around 94% above the average May 2020 terraced price in the Bexley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

3 OLD FORGE WAY Sold Prices

Land registry data shows one sale for 3 OLD FORGE WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 27 MAY	£650,000	£334,504	94% above HPI

What might 3 OLD FORGE WAY be worth now?

3 OLD FORGE WAY might now be worth an estimated £800,549.

This is based on house price inflation of 23.2%, between May 2020 and April 2026, for terraced houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.2% inflationary increase is applied to the most recent sale price for 3 OLD FORGE WAY of £650,000 on 27th May 2020. For the value to have increased from £650,000 to £800,549 over the six years and one month to April 2026, the following assumptions must hold true:

• The value of 3 OLD FORGE WAY has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The May 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD FORGE WAY has not materially changed since May 2020.

How Large is 3 OLD FORGE WAY?

3 OLD FORGE WAY is 147m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of terraced houses in Sidcup, based on EPC data. The below chart shows the distribution of terraced houses by size in Sidcup, and where 3 OLD FORGE WAY lies on this distribution: 98% of terraced houses are smaller than 3 OLD FORGE WAY, and 2% of terraced houses are larger. Note that EPC data is not available for all properties in Sidcup.

3 OLD FORGE WAY: Plot

3 OLD FORGE WAY sits on a plot of roughly 0.102 of an acre, or 414m².

Where is 3 OLD FORGE WAY?

3 OLD FORGE WAY is located in SIDCUP, in the DA14 postcode district.