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 RICHMOND PARK is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £237,000 in December 2012, which was around 10% below the average December 2012 detached price in the Torridge local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 3 RICHMOND PARK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. The three 3 RICHMOND PARK sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2012 7 DEC | £237,000 | £263,400 | 10% below HPI |
2006 28 APR | £249,950 | £250,354 | Close to HPI |
2002 29 NOV | £144,000 | £191,758 | 25% below HPI |
The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The three 3 RICHMOND PARK sales between November 2002 and December 2012 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 April 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
3 RICHMOND PARK is 127m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 40% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where 3 RICHMOND PARK lies on this distribution: 69% of detached houses are smaller than 3 RICHMOND PARK, and 31% of houses are larger. Note that EPC data is not available for all properties in Northam.
3 RICHMOND PARK sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 RICHMOND PARK, 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 PARK). 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.
3 RICHMOND PARK is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 3 on RICHMOND PARK.