Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
56 RICHMOND ROAD is a very large extended detached house of 206m², built sometime before 1900. It was last sold for £620,000 in April 2021, which was around 93% above the average April 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 56 RICHMOND ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the four 56 RICHMOND ROAD 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 |
---|---|---|---|
2021 20 APR | £620,000 | £321,071 | 93% above HPI |
2015 16 FEB | £480,000 | £242,770 | 98% above HPI |
2005 12 AUG | £390,000 | £237,511 | 64% above HPI |
2004 30 APR | £270,000 | £203,178 | 33% above HPI |
The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The four 56 RICHMOND ROAD sales between April 2004 and April 2021 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 February 2015 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the April 2021 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.
56 RICHMOND ROAD is 206m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 56 RICHMOND ROAD lies on this distribution: 94% of detached houses are smaller than 56 RICHMOND ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bewdley.
56 RICHMOND ROAD sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 56 RICHMOND ROAD, 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 56 RICHMOND ROAD). 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.
56 RICHMOND ROAD is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 56 on RICHMOND ROAD.