1, ORME CLOSE, BRIERLEY HILL, DY5 3FJ - £246,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ORME CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £357,626. It was last sold for £246,000 in July 2017, which was around 3% above the average July 2017 detached price in the Dudley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

1 ORME CLOSE Sold Prices

Land registry data shows two sales for 1 ORME CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 1 ORME CLOSE 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
2017 11 JUL	£246,000	£238,503	3% above HPI
1998 27 MAR	£89,950	£80,517	12% above HPI

1 ORME CLOSE 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 two 1 ORME CLOSE sales from March 1998 and July 2017 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 March 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2017 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 1 ORME CLOSE be worth now?

1 ORME CLOSE might now be worth an estimated £357,626.

This is based on house price inflation of 45.4%, between July 2017 and December 2024, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.4% inflationary increase is applied to the most recent sale price for 1 ORME CLOSE of £246,000 on 11th July 2017. For the value to have increased from £246,000 to £357,626 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 ORME CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2017 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ORME CLOSE has not materially changed since July 2017.

How Large is 1 ORME CLOSE?

1 ORME CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stourbridge, and where 1 ORME CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 ORME CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1 ORME CLOSE: Plot and Title Map

1 ORME CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 1 ORME CLOSE, 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 1 ORME CLOSE). 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 1 ORME CLOSE?

1 ORME CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 1 on ORME CLOSE.