10, ORME CLOSE, BRIERLEY HILL, DY5 3FJ - £192,500

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.

10 ORME CLOSE is a very small semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £203,995. It was last sold for £192,500 in July 2022, which was around 12% below the average July 2022 semi-detached price in the Dudley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

10 ORME CLOSE Sold Prices

Land registry data shows three sales for 10 ORME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. One of the three 10 ORME CLOSE sales was for below the average price, whilst two 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 15 JUL	£192,500	£219,637	12% below HPI
2000 10 OCT	£67,750	£59,998	13% above HPI
1997 7 NOV	£59,950	£48,842	23% above HPI

10 ORME CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 10 ORME CLOSE sales between November 1997 and July 2022 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 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 10 ORME CLOSE be worth now?

10 ORME CLOSE might now be worth an estimated £203,995.

This is based on house price inflation of 6%, between July 2022 and February 2025, for semi-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 6% inflationary increase is applied to the most recent sale price for 10 ORME CLOSE of £192,500 on 15th July 2022. For the value to have increased from £192,500 to £203,995 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 10 ORME CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The July 2022 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 10 ORME CLOSE has not materially changed since July 2022.

How Large is 10 ORME CLOSE?

10 ORME CLOSE is 58m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stourbridge, and where 10 ORME CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 10 ORME CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

10 ORME CLOSE: Plot and Title Map

10 ORME CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 10 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 10 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 10 ORME CLOSE?

10 ORME CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 10 on ORME CLOSE.