2, THE FORGE, HALESOWEN, B63 2YP - £112,500

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.

2 THE FORGE is a small extended detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £188,813. It was last sold for £112,500 in June 2007, which was around 46% below the average June 2007 detached price in the Dudley local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 THE FORGE Sold Prices

Land registry data shows three sales for 2 THE FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 2 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
2007 15 JUN	£112,500	£207,622	46% below HPI
2003 7 FEB	£87,500	£146,176	40% below HPI
2000 21 JAN	£50,000	£92,171	46% below HPI

2 THE FORGE 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 three 2 THE FORGE sales between January 2000 and June 2007 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 February 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2007 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 THE FORGE be worth now?

2 THE FORGE might now be worth an estimated £188,813.

This is based on house price inflation of 67.8%, between June 2007 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 67.8% inflationary increase is applied to the most recent sale price for 2 THE FORGE of £112,500 on 15th June 2007. For the value to have increased from £112,500 to £188,813 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 THE FORGE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2007 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FORGE has not materially changed since June 2007.

How Large is 2 THE FORGE?

2 THE FORGE is 92m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 2 THE FORGE lies on this distribution: 34% of detached houses houses are smaller than 2 THE FORGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

2 THE FORGE: Plot and Title Map

2 THE FORGE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 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 2 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 2 THE FORGE?

2 THE FORGE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 2 on THE FORGE.