36, RICHMOND RISE, REEPHAM, NORWICH, NR10 4LS - £237,500

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

36 RICHMOND RISE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £237,500 in April 2022, which was around 41% below the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was D.

36 RICHMOND RISE Sold Prices

Land registry data shows three sales for 36 RICHMOND RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 36 RICHMOND RISE 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
2022 29 APR	£237,500	£404,851	41% below HPI
2004 4 NOV	£141,250	£216,764	35% below HPI
2002 19 SEP	£107,000	£171,935	38% below HPI

36 RICHMOND RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 36 RICHMOND RISE sales between September 2002 and April 2022 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 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 36 RICHMOND RISE?

36 RICHMOND RISE is 69m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 36 RICHMOND RISE lies on this distribution: 14% of detached houses are smaller than 36 RICHMOND RISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Reepham.

36 RICHMOND RISE: Plot and Title Map

36 RICHMOND RISE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 36 RICHMOND RISE, 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 36 RICHMOND RISE). 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 36 RICHMOND RISE?

36 RICHMOND RISE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 36 on RICHMOND RISE.