3, RICHMOND AVENUE, BREASTON, DERBY, DE72 3AP - £307,000

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

3 RICHMOND AVENUE is a small detached house of 94m², built sometime between 1900 and 1929. It was last sold for £307,000 in June 2018, which was around 34% above the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

3 RICHMOND AVENUE Sold Prices

Land registry data shows three sales for 3 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 3 RICHMOND AVENUE 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
2018 11 JUN	£307,000	£229,249	34% above HPI
2016 20 OCT	£305,000	£213,921	43% above HPI
2003 6 JUN	£169,500	£142,411	19% above HPI

3 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 3 RICHMOND AVENUE sales between June 2003 and June 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 October 2016 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2018 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 3 RICHMOND AVENUE?

3 RICHMOND AVENUE is 94m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses by size in Breaston, and where 3 RICHMOND AVENUE lies on this distribution: 30% of detached houses are smaller than 3 RICHMOND AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Breaston.

3 RICHMOND AVENUE: Plot and Title Map

3 RICHMOND AVENUE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 RICHMOND AVENUE, 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 RICHMOND AVENUE). 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 RICHMOND AVENUE?

3 RICHMOND AVENUE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 3 on RICHMOND AVENUE.