5, RICHMOND AVENUE, NOTTINGHAM, NG3 3AT - £155,000

5 RICHMOND AVENUE is a very small detached house of 80m², built sometime between 1900 and 1929. It was last sold for £155,000 in March 2021, which was around 44% below the average March 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was B.

5 RICHMOND AVENUE Sold Prices

Land registry data shows four sales for 5 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 5 RICHMOND AVENUE 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
2021 31 MAR	£155,000	£275,502	44% below HPI
2003 30 SEP	£63,150	£129,737	51% below HPI
2002 19 APR	£36,500	£88,604	59% below HPI
2000 20 OCT	£32,000	£69,072	54% below HPI

5 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 5 RICHMOND AVENUE sales between October 2000 and March 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 September 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 5 RICHMOND AVENUE?

5 RICHMOND AVENUE is 80m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 5 RICHMOND AVENUE lies on this distribution: 19% of detached houses are smaller than 5 RICHMOND AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 RICHMOND AVENUE: Plot and Title Map

5 RICHMOND AVENUE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 5 RICHMOND AVENUE, 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 RICHMOND AVENUE). 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 RICHMOND AVENUE?

5 RICHMOND AVENUE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 5 on RICHMOND AVENUE.