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
5 RICHMOND COURT is a large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £185,000 in March 2014, which was around 4% above the average March 2014 detached price in the Fenland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 RICHMOND COURT since 1st 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. Two of the three 5 RICHMOND COURT sales were for above the average price, whilst one was 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 |
---|---|---|---|
2014 14 MAR | £185,000 | £177,663 | 4% above HPI |
2007 28 SEP | £181,000 | £196,642 | 8% below HPI |
1996 20 DEC | £70,000 | £55,783 | 25% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 5 RICHMOND COURT sales between December 1996 and March 2014 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 September 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
5 RICHMOND COURT is 113m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 5 RICHMOND COURT lies on this distribution: 62% of detached houses are smaller than 5 RICHMOND COURT, and 37% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
5 RICHMOND COURT sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 5 RICHMOND COURT, 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 5 RICHMOND COURT). 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.
5 RICHMOND COURT is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 5 on RICHMOND COURT.