48, RICHMOND PARK, NORTHAM, BIDEFORD, EX39 1ER - £236,250

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.

48 RICHMOND PARK is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £383,057. It was last sold for £236,250 in March 2013, which was around 2% 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.

48 RICHMOND PARK Sold Prices

Land registry data shows three sales for 48 RICHMOND PARK since 1^st 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	£241,778	2% below HPI
2011 16 DEC	£200,000	£263,802	24% below HPI
1996 28 AUG	£67,500	£76,866	12% below HPI

48 RICHMOND PARK 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 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 48 RICHMOND PARK be worth now?

48 RICHMOND PARK might now be worth an estimated £383,057.

This is based on house price inflation of 62.1%, between March 2013 and March 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.1% inflationary increase is applied to the most recent sale price for 48 RICHMOND PARK of £236,250 on 13th March 2013. For the value to have increased from £236,250 to £383,057 over the twelve years to March 2025, the following assumptions must hold true:

• The value of 48 RICHMOND PARK has moved in line with the HPI for detached houses in the Torridge local authority area.
• The March 2013 sale price of £236,250 represented a fair market value for the property.
• The size, condition, and specification of 48 RICHMOND PARK has not materially changed since March 2013.

How Large is 48 RICHMOND PARK?

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 houses in Northam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northam, and where 48 RICHMOND PARK lies on this distribution: 28% of detached houses 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: Plot and Title Map

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.

Where is 48 RICHMOND PARK?

48 RICHMOND PARK is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 48 on RICHMOND PARK.