22, RICHMOND RISE, REEPHAM, NORWICH, NR10 4LS - £178,000

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

22 RICHMOND RISE is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £178,000 in May 2011, which was around 23% below the average May 2011 detached price in the Broadland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

22 RICHMOND RISE Sold Prices

Land registry data shows three sales for 22 RICHMOND RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 22 RICHMOND RISE 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
2011 27 MAY	£178,000	£231,955	23% below HPI
2005 9 AUG	£163,000	£219,796	26% below HPI
1997 2 JUN	£11,000	£75,794	85% below HPI

22 RICHMOND RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 22 RICHMOND RISE sales between June 1997 and May 2011 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 August 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 22 RICHMOND RISE?

22 RICHMOND RISE is 77m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 22 RICHMOND RISE lies on this distribution: 24% of detached houses are smaller than 22 RICHMOND RISE, and 76% of houses are larger. Note that EPC data is not available for all properties in Reepham.

22 RICHMOND RISE: Plot and Title Map

22 RICHMOND RISE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 22 RICHMOND RISE, 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 22 RICHMOND RISE). 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 22 RICHMOND RISE?

22 RICHMOND RISE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 22 on RICHMOND RISE.