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 very small detached house of 43m², built sometime between 2003 and 2006. It was last sold for £157,000 in March 2021, which was around 40% below the average March 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 38 RICHMOND ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the four 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 12 MAR | £157,000 | £263,650 | 40% below HPI |
2014 8 JUL | £125,000 | £197,491 | 37% below HPI |
2009 11 DEC | £126,000 | £200,069 | 37% below HPI |
2003 16 DEC | £89,500 | £157,086 | 43% below HPI |
The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The four 38 RICHMOND ROAD sales between December 2003 and March 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 July 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
38 RICHMOND ROAD is 43m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 38 RICHMOND ROAD lies on this distribution: Less than 1% of detached houses are smaller than 38 RICHMOND ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Upton.
38 RICHMOND ROAD sits on a plot of roughly 0.057 of an acre, or 230m². 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.
38 RICHMOND ROAD is located in UPTON, in the WF9 postcode district. The below map shows the position of No. 38 on RICHMOND ROAD.