38, RICHMOND ROAD, CAMBRIDGE, CB4 3PU - £695,000

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

38 RICHMOND ROAD is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £695,000 in January 2021, which was around 21% below the average January 2021 detached price in the Cambridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

38 RICHMOND ROAD Sold Prices

Land registry data shows five sales for 38 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the five 38 RICHMOND ROAD 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 25 JAN	£695,000	£877,322	21% below HPI
2018 7 NOV	£649,000	£875,168	26% below HPI
2014 22 AUG	£499,500	£710,901	30% below HPI
2004 7 APR	£295,000	£380,756	23% below HPI
1999 16 JUL	£110,000	£215,216	49% below HPI

38 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The five 38 RICHMOND ROAD sales between July 1999 and January 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 November 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 RICHMOND ROAD?

38 RICHMOND ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 38 RICHMOND ROAD lies on this distribution: 41% of detached houses are smaller than 38 RICHMOND ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

38 RICHMOND ROAD: Plot and Title Map

38 RICHMOND ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 38 RICHMOND ROAD, 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 38 RICHMOND ROAD). 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 38 RICHMOND ROAD?

38 RICHMOND ROAD is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 38 on RICHMOND ROAD.