20, THE FORGE, HALESOWEN, B63 2YP - £160,000

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.

20 THE FORGE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £189,801. It was last sold for £160,000 in September 2021, which was around 5% below the average September 2021 terraced price in the Dudley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

20 THE FORGE Sold Prices

Land registry data shows three sales for 20 THE FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. Two of the three 20 THE FORGE sales were for below the average price, whilst one was 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 30 SEP	£160,000	£167,797	5% below HPI
2010 1 MAR	£105,000	£107,626	2% below HPI
1996 8 MAR	£40,750	£36,868	11% above HPI

20 THE FORGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The three 20 THE FORGE sales between March 1996 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 March 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below 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.

What might 20 THE FORGE be worth now?

20 THE FORGE might now be worth an estimated £189,801.

This is based on house price inflation of 18.6%, between September 2021 and May 2026, for terraced 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 18.6% inflationary increase is applied to the most recent sale price for 20 THE FORGE of £160,000 on 30th September 2021. For the value to have increased from £160,000 to £189,801 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 20 THE FORGE has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The September 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE FORGE has not materially changed since September 2021.

How Large is 20 THE FORGE?

20 THE FORGE is 52m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of terraced houses houses in Halesowen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halesowen, and where 20 THE FORGE lies on this distribution: 2% of terraced houses houses are smaller than 20 THE FORGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

20 THE FORGE: Plot and Title Map

20 THE FORGE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 20 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 20 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 20 THE FORGE?

20 THE FORGE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 20 on THE FORGE.