43, RICHMOND RISE, REEPHAM, NORWICH, NR10 4LS - £198,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 RICHMOND RISE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £249,955. It was last sold for £198,000 in August 2018, which was around 41% below the average August 2018 detached price in the Broadland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

43 RICHMOND RISE Sold Prices

Land registry data shows two sales for 43 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 Broadland local authority area for the corresponding sale date. Both of the two 43 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
2018 20 AUG	£198,000	£335,509	41% below HPI
2002 5 APR	£89,000	£150,505	41% below HPI

43 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 two 43 RICHMOND RISE sales from April 2002 and August 2018 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 April 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2018 sale, which was also at 41% below the HPI.

What might 43 RICHMOND RISE be worth now?

43 RICHMOND RISE might now be worth an estimated £249,955.

This is based on house price inflation of 26.2%, between August 2018 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.2% inflationary increase is applied to the most recent sale price for 43 RICHMOND RISE of £198,000 on 20th August 2018. For the value to have increased from £198,000 to £249,955 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 43 RICHMOND RISE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2018 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 43 RICHMOND RISE has not materially changed since August 2018.

How Large is 43 RICHMOND RISE?

43 RICHMOND RISE is 90m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reepham, and where 43 RICHMOND RISE lies on this distribution: 36% of detached houses houses are smaller than 43 RICHMOND RISE, and 64% of houses are larger. Note that EPC data is not available for all properties in Reepham.

43 RICHMOND RISE: Plot and Title Map

43 RICHMOND RISE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 43 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 43 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 43 RICHMOND RISE?

43 RICHMOND RISE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 43 on RICHMOND RISE.