94, RICHMOND ROAD, DOWNHAM MARKET, PE38 9TB - £242,500

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

94 RICHMOND ROAD is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £242,500 in December 2021, which was around 28% below the average December 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

94 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 94 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. Both of the two 94 RICHMOND ROAD 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
2021 22 DEC	£242,500	£336,769	28% below HPI
1995 19 JAN	£23,150	£59,942	61% below HPI

94 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 94 RICHMOND ROAD sales from January 1995 and December 2021 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 January 1995 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 94 RICHMOND ROAD?

94 RICHMOND ROAD is 59m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 94 RICHMOND ROAD lies on this distribution: 4% of detached houses are smaller than 94 RICHMOND ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

94 RICHMOND ROAD: Plot and Title Map

94 RICHMOND ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 94 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 94 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 94 RICHMOND ROAD?

94 RICHMOND ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 94 on RICHMOND ROAD.