FORGE RIDGE, 2A, FORGE ROAD, STOURBRIDGE, DY8 1XF - £127,000

FORGE RIDGE is a very small detached house of 72m², built sometime between 2007 and 2011. It was last sold for £127,000 in October 2015, which was around 43% below the average October 2015 detached price in the Dudley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

FORGE RIDGE Sold Prices

Land registry data shows two sales for FORGE 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 FORGE RIDGE 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
2015 7 OCT	£127,000	£221,124	43% below HPI
2010 16 DEC	£142,500	£205,678	31% below HPI

FORGE 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 FORGE RIDGE sales from December 2010 and October 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 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is FORGE RIDGE?

FORGE RIDGE is 72m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where FORGE RIDGE lies on this distribution: 7% of detached houses are smaller than FORGE RIDGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

FORGE RIDGE: Plot and Title Map

FORGE RIDGE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of FORGE 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 FORGE 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 FORGE RIDGE?

FORGE RIDGE is located on FORGE ROAD in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of FORGE RIDGE on FORGE ROAD.