3, MORLICH RISE, BRIERLEY HILL, DY5 3YZ - £247,000

3 MORLICH RISE is a large detached house of 117m², built sometime between 1983 and 1990. It was last sold for £247,000 in December 2013, which was around 22% above the average December 2013 detached price in the Dudley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

3 MORLICH RISE Sold Prices

Land registry data shows four sales for 3 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. All of the four 3 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
2013 17 DEC	£247,000	£202,729	22% above HPI
2008 18 JUL	£237,000	£211,929	12% above HPI
2004 1 JUL	£232,450	£181,415	28% above HPI
1999 25 MAR	£100,000	£87,748	14% above HPI

3 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 3 MORLICH RISE sales between March 1999 and December 2013 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 July 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2013 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 MORLICH RISE?

3 MORLICH RISE is 117m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 3 MORLICH RISE lies on this distribution: 78% of detached houses are smaller than 3 MORLICH RISE, and 22% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

3 MORLICH RISE: Plot and Title Map

3 MORLICH RISE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 3 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 3 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 3 MORLICH RISE?

3 MORLICH RISE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 3 on MORLICH RISE.