7, RICHMOND ROAD, DOWNHAM MARKET, PE38 9TA - £235,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 RICHMOND ROAD is a very small semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £235,000 in August 2023, which was around 37% below the average August 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

7 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 7 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 7 RICHMOND ROAD 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
2023 18 AUG	£235,000	£371,500	37% below HPI
2019 23 OCT	£161,000	£294,722	45% below HPI

7 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 7 RICHMOND ROAD sales from October 2019 and August 2023 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 October 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 RICHMOND ROAD?

7 RICHMOND ROAD is 56m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where 7 RICHMOND ROAD lies on this distribution: 2% of detached houses are smaller than 7 RICHMOND ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

7 RICHMOND ROAD: Plot and Title Map

7 RICHMOND ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 7 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 7 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.

Where is 7 RICHMOND ROAD?

7 RICHMOND ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 7 on RICHMOND ROAD.