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
84 RICHMOND ROAD is a small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £253,000 in November 2020, which was around 19% below the average November 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 84 RICHMOND ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 84 RICHMOND ROAD sales were for above 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 |
---|---|---|---|
2020 19 NOV | £253,000 | £313,891 | 19% below HPI |
2007 31 AUG | £190,000 | £220,747 | 14% below HPI |
2001 27 JUN | £125,000 | £101,294 | 23% above HPI |
2000 29 SEP | £115,000 | £95,971 | 20% above HPI |
1996 31 JUL | £73,000 | £61,176 | 19% above HPI |
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 five 84 RICHMOND ROAD sales between July 1996 and November 2020 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 August 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
84 RICHMOND ROAD is 77m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 84 RICHMOND ROAD lies on this distribution: 29% of detached houses are smaller than 84 RICHMOND ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
84 RICHMOND ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 84 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 84 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.
84 RICHMOND ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 84 on RICHMOND ROAD.