41, RICHMOND WAY, LEVERINGTON, WISBECH, PE13 5JX - £195,000

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

41 RICHMOND WAY is a small detached house of 85m², built sometime from 2007 onwards. It was last sold for £195,000 in November 2017, which was around 19% below the average November 2017 detached price in the Fenland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

41 RICHMOND WAY Sold Prices

Land registry data shows three sales for 41 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 41 RICHMOND WAY 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
2017 27 NOV	£195,000	£242,156	19% below HPI
2015 16 OCT	£180,000	£203,930	12% below HPI
2005 7 JAN	£165,000	£176,685	7% below HPI

41 RICHMOND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 41 RICHMOND WAY sales between January 2005 and November 2017 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 October 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 41 RICHMOND WAY?

41 RICHMOND WAY is 85m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses by size in Leverington, and where 41 RICHMOND WAY lies on this distribution: 30% of detached houses are smaller than 41 RICHMOND WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Leverington.

41 RICHMOND WAY: Plot and Title Map

41 RICHMOND WAY sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 41 RICHMOND WAY, 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 41 RICHMOND WAY). 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 41 RICHMOND WAY?

41 RICHMOND WAY is located in LEVERINGTON, in the PE13 postcode district. The below map shows the position of No. 41 on RICHMOND WAY.