23, RICHMOND ROAD, DOWNHAM MARKET, PE38 9TA - £210,000

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

23 RICHMOND ROAD is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £210,000 in July 2018, which was around 27% below the average July 2018 detached price in the King's Lynn and West Norfolk 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.

23 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 23 RICHMOND 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 King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 23 RICHMOND 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
2018 24 JUL	£210,000	£286,069	27% below HPI
2016 14 JUN	£189,950	£250,494	24% below HPI
2009 6 OCT	£141,000	£199,017	29% below HPI

23 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The three 23 RICHMOND ROAD sales between October 2009 and July 2018 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 June 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23 RICHMOND ROAD?

23 RICHMOND ROAD is 60m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where 23 RICHMOND ROAD lies on this distribution: 7% of detached houses are smaller than 23 RICHMOND ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

23 RICHMOND ROAD: Plot and Title Map

23 RICHMOND ROAD sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 23 RICHMOND 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 23 RICHMOND 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 23 RICHMOND ROAD?

23 RICHMOND ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 23 on RICHMOND ROAD.