RICHMOND HOUSE, THE PADDOCK, MELMERBY, RIPON, HG4 5HW - £348,900

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 191m², built sometime between 1930 and 1949, which could now be worth an estimated £473,885. It was last sold for £348,900 in October 2015, which was around 9% above the average October 2015 detached price in the North Yorkshire local authority area. The most recent EPC inspection was March 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 North Yorkshire 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
2015 30 OCT	£348,900	£319,602	9% above HPI
2000 3 MAR	£160,000	£116,325	38% above HPI

RICHMOND HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two RICHMOND HOUSE sales from March 2000 and October 2015 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 March 2000 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might RICHMOND HOUSE be worth now?

RICHMOND HOUSE might now be worth an estimated £473,885.

This is based on house price inflation of 35.8%, between October 2015 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.8% inflationary increase is applied to the most recent sale price for RICHMOND HOUSE of £348,900 on 30th October 2015. For the value to have increased from £348,900 to £473,885 over the ten years and eight 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 North Yorkshire local authority area.
• The October 2015 sale price of £348,900 represented a fair market value for the property.
• The size, condition, and specification of RICHMOND HOUSE has not materially changed since October 2015.

How Large is RICHMOND HOUSE?

RICHMOND HOUSE is 191m² according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses houses in Melmerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melmerby, and where RICHMOND HOUSE lies on this distribution: 83% of detached houses houses are smaller than RICHMOND HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Melmerby.

RICHMOND HOUSE: Plot and Title Map

RICHMOND HOUSE sits on a plot of roughly 0.245 of an acre, or 991m². 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 PADDOCK in MELMERBY, in the HG4 postcode district. The below map shows the position of RICHMOND HOUSE on THE PADDOCK.