4, RICHMOND RISE, APPLEDORE, BIDEFORD, EX39 1GD - £358,000

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

4 RICHMOND RISE is a very small detached house of 72m², built in 2022. It was last sold for £358,000 in June 2024, which was around 12% below the average June 2024 detached price in the Torridge local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

4 RICHMOND RISE Sold Prices

Land registry data shows two sales for 4 RICHMOND RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two 4 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
2024 10 JUN	£358,000	£408,288	12% below HPI
2022 16 DEC	£349,995	£459,367	24% below HPI

4 RICHMOND RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two 4 RICHMOND RISE sales from December 2022 and June 2024 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 December 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 RICHMOND RISE?

4 RICHMOND RISE is 72m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Appledore, based on EPC data. The below chart shows the distribution of detached houses by size in Appledore, and where 4 RICHMOND RISE lies on this distribution: 7% of detached houses are smaller than 4 RICHMOND RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Appledore.

4 RICHMOND RISE: Plot and Title Map

4 RICHMOND RISE sits on a plot of roughly 6.4 acres, or 25,778m². The below map shows the location of 4 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 4 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 4 RICHMOND RISE?

4 RICHMOND RISE is located in APPLEDORE, in the EX39 postcode district. The below map shows the position of No. 4 on RICHMOND RISE.