88, RICHMOND ROAD, DOWNHAM MARKET, PE38 9TB - £200,000

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

88 RICHMOND ROAD is a small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £200,000 in December 2016, which was around 25% below the average December 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

88 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 88 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. One of the two 88 RICHMOND ROAD sales was for below the average price, whilst the other was 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
2016 6 DEC	£200,000	£265,095	25% below HPI
1995 20 NOV	£68,000	£57,411	18% above HPI

88 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 88 RICHMOND ROAD sales from November 1995 and December 2016 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 November 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 88 RICHMOND ROAD?

88 RICHMOND ROAD is 71m² according to the EPC inspection conducted in August 2016. 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 88 RICHMOND ROAD lies on this distribution: 21% of detached houses are smaller than 88 RICHMOND ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

88 RICHMOND ROAD: Plot and Title Map

88 RICHMOND ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 88 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 88 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 88 RICHMOND ROAD?

88 RICHMOND ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 88 on RICHMOND ROAD.