2, RICHARDSON ROAD, HEDON, HULL, HU12 8RJ - £220,000

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

2 RICHARDSON ROAD is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £220,000 in August 2022, which was around 31% below the average August 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

2 RICHARDSON ROAD Sold Prices

Land registry data shows three sales for 2 RICHARDSON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 2 RICHARDSON ROAD 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
2022 25 AUG	£220,000	£319,108	31% below HPI
2009 14 MAY	£143,000	£195,793	27% below HPI
2001 31 AUG	£73,495	£96,549	24% below HPI

2 RICHARDSON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 2 RICHARDSON ROAD sales between August 2001 and August 2022 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 May 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 RICHARDSON ROAD?

2 RICHARDSON ROAD is 60m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Hedon, based on EPC data. The below chart shows the distribution of detached houses by size in Hedon, and where 2 RICHARDSON ROAD lies on this distribution: 4% of detached houses are smaller than 2 RICHARDSON ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Hedon.

2 RICHARDSON ROAD: Plot and Title Map

2 RICHARDSON ROAD sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 2 RICHARDSON ROAD, 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 2 RICHARDSON ROAD). 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 2 RICHARDSON ROAD?

2 RICHARDSON ROAD is located in HEDON, in the HU12 postcode district. The below map shows the position of No. 2 on RICHARDSON ROAD.