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 GARDENS is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £256,500 in November 2016, which was around 11% below the average November 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 RICHMOND GARDENS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 7 RICHMOND GARDENS 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 |
---|---|---|---|
2016 14 NOV | £256,500 | £288,273 | 11% below HPI |
1998 27 FEB | £85,000 | £93,580 | 9% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 7 RICHMOND GARDENS sales from February 1998 and November 2016 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
7 RICHMOND GARDENS is 96m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where 7 RICHMOND GARDENS lies on this distribution: 29% of detached houses are smaller than 7 RICHMOND GARDENS, and 71% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.
7 RICHMOND GARDENS sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 7 RICHMOND GARDENS, 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 GARDENS). 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.
7 RICHMOND GARDENS is located in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of No. 7 on RICHMOND GARDENS.