2, RICHMOND PLACE, LYNG, NORWICH, NR9 5RF - £417,575

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 RICHMOND PLACE is a large detached house of 117m². It was last sold for £417,575 in March 2022, which was around 16% above the average March 2022 detached price in the Breckland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

2 RICHMOND PLACE Sold Prices

Land registry data shows three sales for 2 RICHMOND PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Two of the three 2 RICHMOND PLACE sales were for above the average price, whilst one was 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 11 MAR	£417,575	£360,213	16% above HPI
2019 22 FEB	£335,000	£300,411	12% above HPI
2017 4 SEP	£125,000	£291,914	57% below HPI

2 RICHMOND PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 2 RICHMOND PLACE sales between September 2017 and March 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 February 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 RICHMOND PLACE?

2 RICHMOND PLACE is 117m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where 2 RICHMOND PLACE lies on this distribution: 65% of detached houses are smaller than 2 RICHMOND PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Lyng.

2 RICHMOND PLACE: Plot and Title Map

2 RICHMOND PLACE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 2 RICHMOND PLACE, 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 RICHMOND PLACE). 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 RICHMOND PLACE?

2 RICHMOND PLACE is located in LYNG, in the NR9 postcode district. The below map shows the position of No. 2 on RICHMOND PLACE.