79, RICHMOND PARK, NORTHAM, BIDEFORD, EX39 1ES - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

79 RICHMOND PARK is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £359,585. It was last sold for £265,000 in June 2017, which was around 11% below the average June 2017 detached price in the Torridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

79 RICHMOND PARK Sold Prices

Land registry data shows four sales for 79 RICHMOND PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four 79 RICHMOND PARK 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
2017 1 JUN	£265,000	£297,156	11% below HPI
2016 17 JUN	£220,000	£278,162	21% below HPI
2012 12 JUL	£230,000	£248,711	8% below HPI
2003 7 NOV	£177,500	£212,496	16% below HPI

79 RICHMOND PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The four 79 RICHMOND PARK sales between November 2003 and June 2017 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 June 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 79 RICHMOND PARK be worth now?

79 RICHMOND PARK might now be worth an estimated £359,585.

This is based on house price inflation of 35.7%, between June 2017 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.7% inflationary increase is applied to the most recent sale price for 79 RICHMOND PARK of £265,000 on 1st June 2017. For the value to have increased from £265,000 to £359,585 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 79 RICHMOND PARK has moved in line with the HPI for detached houses in the Torridge local authority area.
• The June 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 79 RICHMOND PARK has not materially changed since June 2017.

How Large is 79 RICHMOND PARK?

79 RICHMOND PARK is 87m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses houses in Northam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northam, and where 79 RICHMOND PARK lies on this distribution: 29% of detached houses houses are smaller than 79 RICHMOND PARK, and 71% of houses are larger. Note that EPC data is not available for all properties in Northam.

79 RICHMOND PARK: Plot and Title Map

79 RICHMOND PARK sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 79 RICHMOND PARK, 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 79 RICHMOND PARK). 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 79 RICHMOND PARK?

79 RICHMOND PARK is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 79 on RICHMOND PARK.