25, RICHMOND PLACE, LYNG, NORWICH, NR9 5RF - £87,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 RICHMOND PLACE is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £87,500 in November 2000, which was around 18% below the average November 2000 detached price in the Breckland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was A.

25 RICHMOND PLACE Sold Prices

Land registry data shows two sales for 25 RICHMOND PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 25 RICHMOND PLACE 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
2000 6 NOV	£87,500	£106,739	18% below HPI
1997 19 NOV	£60,000	£74,969	20% below HPI

25 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 two 25 RICHMOND PLACE sales from November 1997 and November 2000 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 November 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2000 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 25 RICHMOND PLACE?

25 RICHMOND PLACE is 120m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 25 RICHMOND PLACE lies on this distribution: 66% of detached houses are smaller than 25 RICHMOND PLACE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lyng.

25 RICHMOND PLACE: Plot and Title Map

25 RICHMOND PLACE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 25 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 25 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 25 RICHMOND PLACE?

25 RICHMOND PLACE is located in LYNG, in the NR9 postcode district. The below map shows the position of No. 25 on RICHMOND PLACE.