15, ORME CLOSE, BRIERLEY HILL, DY5 3FJ - £210,000

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.

15 ORME CLOSE is a small detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £363,371. It was last sold for £210,000 in September 2006, which was around 4% above the average September 2006 detached price in the Dudley local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

15 ORME CLOSE Sold Prices

Land registry data shows two sales for 15 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 15 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
2006 20 SEP	£210,000	£201,382	4% above HPI
1998 13 MAR	£89,950	£80,517	12% above HPI

15 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 15 ORME CLOSE sales from March 1998 and September 2006 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 September 2006 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 15 ORME CLOSE be worth now?

15 ORME CLOSE might now be worth an estimated £363,371.

This is based on house price inflation of 73%, between September 2006 and February 2025, 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 73% inflationary increase is applied to the most recent sale price for 15 ORME CLOSE of £210,000 on 20th September 2006. For the value to have increased from £210,000 to £363,371 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 ORME CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The September 2006 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ORME CLOSE has not materially changed since September 2006.

How Large is 15 ORME CLOSE?

15 ORME CLOSE is 98m² according to the EPC inspection conducted in December 2021. 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 15 ORME CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 ORME CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

15 ORME CLOSE: Plot and Title Map

15 ORME CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 15 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 15 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 15 ORME CLOSE?

15 ORME CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 15 on ORME CLOSE.