32, THE FORGE, HALESOWEN, B63 2YP - £105,000

32 THE FORGE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £105,000 in March 2010, which was around 47% below the average March 2010 detached price in the Dudley local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was B.

32 THE FORGE Sold Prices

Land registry data shows four sales for 32 THE FORGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 32 THE FORGE sales were for below 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
2010 24 MAR	£105,000	£198,446	47% below HPI
2002 7 OCT	£67,500	£143,026	53% below HPI
1999 5 AUG	£43,000	£92,049	53% below HPI
1995 16 JUN	£39,425	£76,430	48% below HPI

32 THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The four 32 THE FORGE sales between June 1995 and March 2010 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 October 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2010 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 32 THE FORGE?

32 THE FORGE is 55m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 32 THE FORGE lies on this distribution: 3% of detached houses are smaller than 32 THE FORGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

32 THE FORGE: Plot and Title Map

32 THE FORGE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 32 THE FORGE, 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 32 THE FORGE). 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 32 THE FORGE?

32 THE FORGE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 32 on THE FORGE.