31, RICHMOND AVENUE, LITTLEOVER, DERBY, DE23 1DL - £258,000

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

31 RICHMOND AVENUE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £258,000 in June 2021, which was around 4% below the average June 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was C.

31 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 31 RICHMOND AVENUE 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 Derby local authority area for the corresponding sale date. Both of the two 31 RICHMOND AVENUE 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
2021 11 JUN	£258,000	£269,965	4% below HPI
2011 10 JUN	£146,000	£181,329	19% below HPI

31 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 31 RICHMOND AVENUE sales from June 2011 and June 2021 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 June 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 31 RICHMOND AVENUE?

31 RICHMOND AVENUE is 89m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 31 RICHMOND AVENUE lies on this distribution: 32% of detached houses are smaller than 31 RICHMOND AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Derby.

31 RICHMOND AVENUE: Plot and Title Map

31 RICHMOND AVENUE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 31 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 31 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 31 RICHMOND AVENUE?

31 RICHMOND AVENUE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 31 on RICHMOND AVENUE.