RICHMOND HOUSE, THE GREEN, PALGRAVE, DISS, IP22 1AG - £512,500

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 extended detached house of 237m², built sometime between 1996 and 2002, which could now be worth an estimated £687,236. It was last sold for £512,500 in May 2016, which was around 51% above the average May 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, 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 Mid Suffolk 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
2016 11 MAY	£512,500	£339,929	51% above HPI
2013 11 SEP	£390,000	£270,067	44% above HPI
2011 12 MAY	£390,000	£257,501	51% above HPI

RICHMOND HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three RICHMOND HOUSE sales between May 2011 and May 2016 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 September 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2016 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might RICHMOND HOUSE be worth now?

RICHMOND HOUSE might now be worth an estimated £687,236.

This is based on house price inflation of 34.1%, between May 2016 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.1% inflationary increase is applied to the most recent sale price for RICHMOND HOUSE of £512,500 on 11th May 2016. For the value to have increased from £512,500 to £687,236 over the nine years and three 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 Mid Suffolk local authority area.
• The May 2016 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of RICHMOND HOUSE has not materially changed since May 2016.

How Large is RICHMOND HOUSE?

RICHMOND HOUSE is 237m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where RICHMOND HOUSE lies on this distribution: 92% of detached houses houses are smaller than RICHMOND HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

RICHMOND HOUSE: Plot and Title Map

RICHMOND HOUSE sits on a plot of roughly 0.286 of an acre, or 1,157m². 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 THE GREEN in PALGRAVE, in the IP22 postcode district. The below map shows the position of RICHMOND HOUSE on THE GREEN.