3, RICHBOROUGH PLACE, NOTTINGHAM, NG8 2RX - £330,000

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

3 RICHBOROUGH PLACE is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £330,000 in July 2017, which was around 48% above the average July 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

3 RICHBOROUGH PLACE Sold Prices

Land registry data shows two sales for 3 RICHBOROUGH 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 3 RICHBOROUGH PLACE sales were for above 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
2017 18 JUL	£330,000	£223,188	48% above HPI
2010 5 NOV	£245,000	£131,280	87% above HPI

3 RICHBOROUGH PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 3 RICHBOROUGH PLACE sales from November 2010 and July 2017 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 2010 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the July 2017 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 RICHBOROUGH PLACE?

3 RICHBOROUGH PLACE is 125m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 3 RICHBOROUGH PLACE lies on this distribution: 72% of detached houses are smaller than 3 RICHBOROUGH PLACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

3 RICHBOROUGH PLACE: Plot and Title Map

3 RICHBOROUGH PLACE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 3 RICHBOROUGH 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 3 RICHBOROUGH 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 3 RICHBOROUGH PLACE?

3 RICHBOROUGH PLACE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 3 on RICHBOROUGH PLACE.