RICHMOND HOUSE, PARK TERRACE, NOTTINGHAM, NG1 5DN - £1,010,000

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

RICHMOND HOUSE is a very large extended detached house of 276m², built sometime between 1983 and 1990. It was last sold for £1,010,000 in January 2024, which was around 216% above the average January 2024 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

RICHMOND HOUSE Sold Prices

Land registry data shows three sales for RICHMOND HOUSE since 1^st 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 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 29 JAN	£1,010,000	£319,420	216% above HPI
2002 25 JAN	£600,000	£84,256	612% above HPI
1999 28 MAY	£385,000	£60,526	536% above HPI

RICHMOND HOUSE Price Paid vs. HPI Average

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 RICHMOND HOUSE sales between May 1999 and January 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 January 2002 sale was for 612% above the HPI. So the extrapolation line tracks at 612% above the HPI over time, until the January 2024 sale, where it falls to 216% above the HPI. The line then continues to track at 216% above the HPI.

How Large is RICHMOND HOUSE?

RICHMOND HOUSE is 276m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where RICHMOND HOUSE lies on this distribution: 98% of detached houses are smaller than RICHMOND HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

RICHMOND HOUSE: Plot and Title Map

RICHMOND HOUSE sits on a plot of roughly 0.106 of an acre, or 428m². 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 PARK TERRACE in NOTTINGHAM, in the NG1 postcode district. The below map shows the position of RICHMOND HOUSE on PARK TERRACE.