14, THE FORGE, HALESOWEN, B63 2YP - £116,500

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.

14 THE FORGE is a very small semi-detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £169,759. It was last sold for £116,500 in February 2018, which was around 27% below the average February 2018 semi-detached price in the Dudley local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

14 THE FORGE Sold Prices

Land registry data shows three sales for 14 THE FORGE 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. All of the three 14 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
2018 23 FEB	£116,500	£159,731	27% below HPI
2004 30 JAN	£89,500	£105,709	15% below HPI
2002 22 MAR	£56,950	£71,191	20% below HPI

14 THE FORGE 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 14 THE FORGE sales between March 2002 and February 2018 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 January 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 14 THE FORGE be worth now?

14 THE FORGE might now be worth an estimated £169,759.

This is based on house price inflation of 45.7%, between February 2018 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 45.7% inflationary increase is applied to the most recent sale price for 14 THE FORGE of £116,500 on 23rd February 2018. For the value to have increased from £116,500 to £169,759 over the seven years to February 2025, the following assumptions must hold true:

• The value of 14 THE FORGE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The February 2018 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 14 THE FORGE has not materially changed since February 2018.

How Large is 14 THE FORGE?

14 THE FORGE is 51m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of semi-detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halesowen, and where 14 THE FORGE lies on this distribution: 2% of semi-detached houses houses are smaller than 14 THE FORGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

14 THE FORGE: Plot and Title Map

14 THE FORGE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 14 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 14 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 14 THE FORGE?

14 THE FORGE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 14 on THE FORGE.