7, RICHMOND AVENUE, SANDIACRE, NOTTINGHAM, NG10 5GY - £370,000

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

7 RICHMOND AVENUE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £370,000 in June 2022, which was around 22% above the average June 2022 detached price in the Erewash local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

7 RICHMOND AVENUE Sold Prices

Land registry data shows three sales for 7 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 7 RICHMOND AVENUE 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
2022 27 JUN	£370,000	£302,377	22% above HPI
2011 28 SEP	£190,000	£169,081	12% above HPI
1997 30 MAY	£56,000	£63,672	12% below HPI

7 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 7 RICHMOND AVENUE sales between May 1997 and June 2022 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 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 7 RICHMOND AVENUE?

7 RICHMOND AVENUE is 125m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 7 RICHMOND AVENUE lies on this distribution: 76% of detached houses are smaller than 7 RICHMOND AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

7 RICHMOND AVENUE: Plot and Title Map

7 RICHMOND AVENUE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 7 RICHMOND AVENUE, 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 7 RICHMOND AVENUE). 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 7 RICHMOND AVENUE?

7 RICHMOND AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 7 on RICHMOND AVENUE.