9, RICHMOND AVENUE, MARCH, PE15 9RW - £320,000

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

9 RICHMOND AVENUE is a midsized extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £320,000 in January 2024, which was around 8% above the average January 2024 detached price in the Fenland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

9 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 9 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. One of the two 9 RICHMOND AVENUE sales was for above the average price, whilst the other was 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
2024 12 JAN	£320,000	£295,158	8% above HPI
2021 10 SEP	£260,000	£276,948	6% below HPI

9 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 9 RICHMOND AVENUE sales from September 2021 and January 2024 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 September 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 9 RICHMOND AVENUE?

9 RICHMOND AVENUE is 96m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 9 RICHMOND AVENUE lies on this distribution: 47% of detached houses are smaller than 9 RICHMOND AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in March.

9 RICHMOND AVENUE: Plot and Title Map

9 RICHMOND AVENUE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 9 RICHMOND AVENUE, 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 9 RICHMOND AVENUE). 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 9 RICHMOND AVENUE?

9 RICHMOND AVENUE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 9 on RICHMOND AVENUE.