84, RICHMOND ROAD, DOWNHAM MARKET, PE38 9TB - £253,000

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.

84 RICHMOND ROAD is a small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £287,632. It was last sold for £253,000 in November 2020, which was around 22% 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.

84 RICHMOND ROAD Sold Prices

Land registry data shows five sales for 84 RICHMOND ROAD since 1^st 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	£322,565	22% below HPI
2007 31 AUG	£190,000	£226,847	16% below HPI
2001 27 JUN	£125,000	£104,093	20% above HPI
2000 29 SEP	£115,000	£98,623	17% above HPI
1996 31 JUL	£73,000	£62,866	16% above HPI

84 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 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 84 RICHMOND ROAD be worth now?

84 RICHMOND ROAD might now be worth an estimated £287,632.

This is based on house price inflation of 13.7%, between November 2020 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 84 RICHMOND ROAD of £253,000 on 19th November 2020. For the value to have increased from £253,000 to £287,632 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 84 RICHMOND ROAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2020 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 84 RICHMOND ROAD has not materially changed since November 2020.

How Large is 84 RICHMOND ROAD?

84 RICHMOND ROAD is 77m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 84 RICHMOND ROAD lies on this distribution: 28% of detached houses 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: Plot and Title Map

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.

Where is 84 RICHMOND ROAD?

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.