7, RICHMOND GARDENS, REDHILL, NOTTINGHAM, NG5 8JS - £280,000

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 GARDENS is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £280,000 in November 2015, which was around 25% above the average November 2015 detached price in the Gedling local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 RICHMOND GARDENS Sold Prices

Land registry data shows two sales for 7 RICHMOND GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the two 7 RICHMOND GARDENS sales was for above the average price, whilst the other 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
2015 27 NOV	£280,000	£224,604	25% above HPI
2011 21 JUL	£175,000	£187,318	7% below HPI

7 RICHMOND GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 7 RICHMOND GARDENS sales from July 2011 and November 2015 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 July 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 7 RICHMOND GARDENS?

7 RICHMOND GARDENS is 124m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 7 RICHMOND GARDENS lies on this distribution: 64% of detached houses are smaller than 7 RICHMOND GARDENS, and 35% of houses are larger. Note that EPC data is not available for all properties in Arnold.

7 RICHMOND GARDENS: Plot and Title Map

7 RICHMOND GARDENS sits on a plot of roughly 0.101 of an acre, or 410m². 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.

Where is 7 RICHMOND GARDENS?

7 RICHMOND GARDENS is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 7 on RICHMOND GARDENS.