27A, RICHMOND PLACE, LYNG, NORWICH, NR9 5RF - £169,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27A RICHMOND PLACE is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £303,128. It was last sold for £169,950 in December 2010, which was around 18% below the average December 2010 detached price in the Breckland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

27A RICHMOND PLACE Sold Prices

Land registry data shows two sales for 27A 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 27A 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
2010 3 DEC	£169,950	£206,266	18% below HPI
2003 24 OCT	£152,500	£171,668	11% below HPI

27A 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 27A RICHMOND PLACE sales from October 2003 and December 2010 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 October 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 27A RICHMOND PLACE be worth now?

27A RICHMOND PLACE might now be worth an estimated £303,128.

This is based on house price inflation of 78.4%, between December 2010 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.4% inflationary increase is applied to the most recent sale price for 27A RICHMOND PLACE of £169,950 on 3rd December 2010. For the value to have increased from £169,950 to £303,128 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 27A RICHMOND PLACE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2010 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 27A RICHMOND PLACE has not materially changed since December 2010.

How Large is 27A RICHMOND PLACE?

27A RICHMOND PLACE is 107m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lyng, and where 27A RICHMOND PLACE lies on this distribution: 60% of detached houses houses are smaller than 27A RICHMOND PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lyng.

27A RICHMOND PLACE: Plot and Title Map

27A RICHMOND PLACE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 27A 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 27A 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 27A RICHMOND PLACE?

27A RICHMOND PLACE is located in LYNG, in the NR9 postcode district. The below map shows the position of No. 27A on RICHMOND PLACE.