98, RICHMOND ROAD, DOWNHAM MARKET, PE38 9TB - £185,000

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

98 RICHMOND ROAD is a small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £185,000 in November 2011, which was around 8% below the average November 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was B.

98 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 98 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 98 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
2011 28 NOV	£185,000	£201,728	8% below HPI
1995 25 JAN	£84,000	£59,942	40% above HPI

98 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 98 RICHMOND ROAD sales from January 1995 and November 2011 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 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 98 RICHMOND ROAD?

98 RICHMOND ROAD is 76m² according to the EPC inspection conducted in March 2019. 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 98 RICHMOND ROAD lies on this distribution: 26% of detached houses are smaller than 98 RICHMOND ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

98 RICHMOND ROAD: Plot and Title Map

98 RICHMOND ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 98 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 98 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 98 RICHMOND ROAD?

98 RICHMOND ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 98 on RICHMOND ROAD.