5, HIGHLAND RIDGE, HALESOWEN, B62 8PH - £388,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 HIGHLAND RIDGE is a very large extended detached house of 173m², built sometime between 1930 and 1949, which could now be worth an estimated £633,306. It was last sold for £388,000 in July 2015, which was around 83% above the average July 2015 detached price in the Dudley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

5 HIGHLAND RIDGE Sold Prices

Land registry data shows two sales for 5 HIGHLAND RIDGE 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 5 HIGHLAND RIDGE 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
2015 3 JUL	£388,000	£212,425	83% above HPI
2003 17 DEC	£295,000	£168,280	75% above HPI

5 HIGHLAND RIDGE 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 5 HIGHLAND RIDGE sales from December 2003 and July 2015 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 December 2003 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2015 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 5 HIGHLAND RIDGE be worth now?

5 HIGHLAND RIDGE might now be worth an estimated £633,306.

This is based on house price inflation of 63.2%, between July 2015 and December 2024, 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 63.2% inflationary increase is applied to the most recent sale price for 5 HIGHLAND RIDGE of £388,000 on 3rd July 2015. For the value to have increased from £388,000 to £633,306 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 HIGHLAND RIDGE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2015 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HIGHLAND RIDGE has not materially changed since July 2015.

How Large is 5 HIGHLAND RIDGE?

5 HIGHLAND RIDGE is 173m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% 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 5 HIGHLAND RIDGE lies on this distribution: 94% of detached houses houses are smaller than 5 HIGHLAND RIDGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

5 HIGHLAND RIDGE: Plot and Title Map

5 HIGHLAND RIDGE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 5 HIGHLAND RIDGE, 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 5 HIGHLAND RIDGE). 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 5 HIGHLAND RIDGE?

5 HIGHLAND RIDGE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 5 on HIGHLAND RIDGE.