5, RICHMOND LANE, KINGSWOOD, HULL, HU7 3AE - £283,000

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 LANE is a large extended detached house of 122m², built sometime between 2007 and 2011. It was last sold for £283,000 in October 2023, which was around 13% above the average October 2023 detached price in the City of Kingston upon Hull local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

5 RICHMOND LANE Sold Prices

Land registry data shows three sales for 5 RICHMOND LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Kingston upon Hull local authority area for the corresponding sale date. All of the three 5 RICHMOND LANE sales were for above 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
2023 12 OCT	£283,000	£249,447	13% above HPI
2020 16 OCT	£262,000	£216,766	21% above HPI
2012 7 SEP	£232,999	£160,097	46% above HPI

5 RICHMOND LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Kingston upon Hull local authority area over time, sourced from the HPI. The three 5 RICHMOND LANE sales between September 2012 and October 2023 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 2020 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 RICHMOND LANE?

5 RICHMOND LANE is 122m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Kingston upon Hull, based on EPC data. The below chart shows the distribution of detached houses by size in Kingston upon Hull, and where 5 RICHMOND LANE lies on this distribution: 75% of detached houses are smaller than 5 RICHMOND LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Kingston upon Hull.

5 RICHMOND LANE: Plot and Title Map

5 RICHMOND LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 5 RICHMOND LANE, 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 LANE). 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 5 RICHMOND LANE?

5 RICHMOND LANE is located in KINGSWOOD, in the HU7 postcode district. The below map shows the position of No. 5 on RICHMOND LANE.