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
66 RICHMOND RISE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £215,000 in November 2019, which was around 37% below the average November 2019 detached price in the Broadland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 66 RICHMOND RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 66 RICHMOND RISE 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 |
---|---|---|---|
2019 15 NOV | £215,000 | £338,659 | 37% below HPI |
2000 25 AUG | £70,000 | £113,791 | 38% below HPI |
1997 11 JUL | £46,500 | £78,911 | 41% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 66 RICHMOND RISE sales between July 1997 and November 2019 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 August 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
66 RICHMOND RISE is 65m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 66 RICHMOND RISE lies on this distribution: 10% of detached houses are smaller than 66 RICHMOND RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Reepham.
66 RICHMOND RISE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 66 RICHMOND RISE, 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 66 RICHMOND RISE). 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.
66 RICHMOND RISE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 66 on RICHMOND RISE.