Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
9 RICHMOND AVENUE is a small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £150,000 in July 2023, which was around 54% below the average July 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 9 RICHMOND AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 9 RICHMOND AVENUE 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 |
---|---|---|---|
2023 27 JUL | £150,000 | £329,645 | 54% below HPI |
2007 21 NOV | £89,400 | £145,279 | 38% below HPI |
1995 14 JUL | £28,000 | £53,230 | 47% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 9 RICHMOND AVENUE sales between July 1995 and July 2023 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.
9 RICHMOND AVENUE is 93m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 9 RICHMOND AVENUE lies on this distribution: 38% of detached houses are smaller than 9 RICHMOND AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
9 RICHMOND AVENUE sits on a plot of roughly 0.030 of an acre, or 120m². 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.
9 RICHMOND AVENUE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 9 on RICHMOND AVENUE.