2, MORLICH RISE, BRIERLEY HILL, DY5 3YZ - £298,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MORLICH RISE is a midsized detached house of 90m², built sometime between 1983 and 1990. It was last sold for £298,000 in September 2021, which was around 5% below the average September 2021 detached price in the Dudley local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 MORLICH RISE Sold Prices

Land registry data shows four sales for 2 MORLICH RISE 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. Most of the four 2 MORLICH RISE 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
2021 22 SEP	£298,000	£312,176	5% below HPI
2006 19 SEP	£219,000	£206,363	6% above HPI
2001 16 MAR	£118,000	£106,801	10% above HPI
1998 30 JAN	£83,000	£82,324	1% above HPI

2 MORLICH RISE 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 2 MORLICH RISE sales between January 1998 and September 2021 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 September 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 MORLICH RISE?

2 MORLICH RISE is 90m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 2 MORLICH RISE lies on this distribution: 41% of detached houses are smaller than 2 MORLICH RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

2 MORLICH RISE: Plot and Title Map

2 MORLICH RISE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 MORLICH RISE, 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 2 MORLICH RISE). 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 2 MORLICH RISE?

2 MORLICH RISE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 2 on MORLICH RISE.