RICHMOND HOUSE, HAYWOOD LANE, CHESWARDINE, MARKET DRAYTON, TF9 2RP - £498,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RICHMOND HOUSE is a very large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £527,686. It was last sold for £498,500 in April 2024, which was around 26% above the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

RICHMOND HOUSE Sold Prices

Land registry data shows two sales for RICHMOND HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two RICHMOND HOUSE sales were 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
2024 5 APR	£498,500	£394,205	26% above HPI
2001 29 JUN	£195,995	£137,555	42% above HPI

RICHMOND HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two RICHMOND HOUSE sales from June 2001 and April 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 June 2001 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2024 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might RICHMOND HOUSE be worth now?

RICHMOND HOUSE might now be worth an estimated £527,686.

This is based on house price inflation of 5.9%, between April 2024 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.9% inflationary increase is applied to the most recent sale price for RICHMOND HOUSE of £498,500 on 5th April 2024. For the value to have increased from £498,500 to £527,686 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of RICHMOND HOUSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2024 sale price of £498,500 represented a fair market value for the property.
• The size, condition, and specification of RICHMOND HOUSE has not materially changed since April 2024.

How Large is RICHMOND HOUSE?

RICHMOND HOUSE is 161m² according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses houses in Cheswardine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheswardine, and where RICHMOND HOUSE lies on this distribution: 89% of detached houses houses are smaller than RICHMOND HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheswardine.

RICHMOND HOUSE: Plot and Title Map

RICHMOND HOUSE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of RICHMOND HOUSE, 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 HOUSE). 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 HOUSE?

RICHMOND HOUSE is located on HAYWOOD LANE in CHESWARDINE, in the TF9 postcode district. The below map shows the position of RICHMOND HOUSE on HAYWOOD LANE.