18, RICHMOND TERRACE, OTLEY, LS21 3JX - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 RICHMOND TERRACE is a very small detached house of 49m², built sometime between 1930 and 1949. It was last sold for £249,950 in September 2021, which was around 33% below the average September 2021 detached price in the Leeds local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

18 RICHMOND TERRACE Sold Prices

Land registry data shows two sales for 18 RICHMOND TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 18 RICHMOND TERRACE 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 10 SEP	£249,950	£374,024	33% below HPI
2007 30 OCT	£222,500	£276,511	20% below HPI

18 RICHMOND TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 18 RICHMOND TERRACE sales from October 2007 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 October 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 18 RICHMOND TERRACE?

18 RICHMOND TERRACE is 49m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where 18 RICHMOND TERRACE lies on this distribution: Less than 1% of detached houses are smaller than 18 RICHMOND TERRACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Otley.

18 RICHMOND TERRACE: Plot and Title Map

18 RICHMOND TERRACE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 18 RICHMOND TERRACE, 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 18 RICHMOND TERRACE). 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 18 RICHMOND TERRACE?

18 RICHMOND TERRACE is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 18 on RICHMOND TERRACE.