1, FORTH WAY, HALESOWEN, B62 9PR - £172,000

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.

1 FORTH WAY is a small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £305,500. It was last sold for £172,000 in May 2015, which was around 27% above the average May 2015 semi-detached price in the Dudley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

1 FORTH WAY Sold Prices

Land registry data shows one sale for 1 FORTH WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 1 MAY	£172,000	£135,028	27% above HPI

What might 1 FORTH WAY be worth now?

1 FORTH WAY might now be worth an estimated £305,500.

This is based on house price inflation of 77.6%, between May 2015 and May 2026, for semi-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 77.6% inflationary increase is applied to the most recent sale price for 1 FORTH WAY of £172,000 on 1st May 2015. For the value to have increased from £172,000 to £305,500 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 1 FORTH WAY has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The May 2015 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FORTH WAY has not materially changed since May 2015.

How Large is 1 FORTH WAY?

1 FORTH WAY is 82m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of semi-detached houses in Halesowen, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Halesowen, and where 1 FORTH WAY lies on this distribution: 37% of semi-detached houses are smaller than 1 FORTH WAY, and 61% of semi-detached houses are larger. Note that EPC data is not available for all properties in Halesowen.

1 FORTH WAY: Plot

1 FORTH WAY sits on a plot of roughly 0.049 of an acre, or 199m².

Where is 1 FORTH WAY?

1 FORTH WAY is located in HALESOWEN, in the B62 postcode district.