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
48 RICHMOND PARK is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £236,250 in March 2013, which was around 5% below the average March 2013 detached price in the Torridge local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 48 RICHMOND PARK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three 48 RICHMOND PARK 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 |
---|---|---|---|
2013 13 MAR | £236,250 | £247,962 | 5% below HPI |
2011 16 DEC | £200,000 | £270,550 | 26% below HPI |
1996 28 AUG | £67,500 | £78,832 | 14% below HPI |
The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The three 48 RICHMOND PARK sales between August 1996 and March 2013 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 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
48 RICHMOND PARK is 86m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where 48 RICHMOND PARK lies on this distribution: 27% of detached houses are smaller than 48 RICHMOND PARK, and 72% of houses are larger. Note that EPC data is not available for all properties in Northam.
48 RICHMOND PARK sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 48 RICHMOND PARK, 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 48 RICHMOND PARK). 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.
48 RICHMOND PARK is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 48 on RICHMOND PARK.