RICHMOND, BOURNEBRIDGE LANE, STAPLEFORD ABBOTTS, ROMFORD, RM4 1LT - £435,000

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

RICHMOND is a midsized extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £435,000 in October 2012, which was around 25% below the average October 2012 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

RICHMOND Sold Prices

Land registry data shows two sales for RICHMOND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two RICHMOND 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
2012 10 OCT	£435,000	£582,633	25% below HPI
2006 20 JAN	£320,000	£456,599	30% below HPI

RICHMOND Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two RICHMOND sales from January 2006 and October 2012 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is RICHMOND?

RICHMOND is 171m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Stapleford Abbotts, based on EPC data. The below chart shows the distribution of detached houses by size in Stapleford Abbotts, and where RICHMOND lies on this distribution: 46% of detached houses are smaller than RICHMOND, and 54% of houses are larger. Note that EPC data is not available for all properties in Stapleford Abbotts.

RICHMOND: Plot and Title Map

RICHMOND sits on a plot of roughly 0.215 of an acre, or 868m². The below map shows the location of RICHMOND, 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 RICHMOND). 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 RICHMOND?

RICHMOND is located on BOURNEBRIDGE LANE in STAPLEFORD ABBOTTS, in the RM4 postcode district. The below map shows the position of RICHMOND on BOURNEBRIDGE LANE.