RICHMOND, LONGDOWN ROAD, LOWER BOURNE, FARNHAM, GU10 3JS - £916,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RICHMOND is a small detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £1,022,750. It was last sold for £916,000 in June 2021, which was around 12% above the average June 2021 detached price in the Waverley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

RICHMOND Sold Prices

Land registry data shows four sales for RICHMOND since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Most of the four 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
2021 6 JUN	£916,000	£814,489	12% above HPI
2010 31 AUG	£550,000	£557,915	1% below HPI
2008 2 MAY	£429,000	£545,017	21% below HPI
2008 6 FEB	£420,000	£555,839	24% below HPI

RICHMOND Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The four RICHMOND sales between February 2008 and June 2021 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 August 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might RICHMOND be worth now?

RICHMOND might now be worth an estimated £1,022,750.

This is based on house price inflation of 11.7%, between June 2021 and December 2024, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.7% inflationary increase is applied to the most recent sale price for RICHMOND of £916,000 on 6th June 2021. For the value to have increased from £916,000 to £1,022,750 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of RICHMOND has moved in line with the HPI for detached houses in the Waverley local authority area.
• The June 2021 sale price of £916,000 represented a fair market value for the property.
• The size, condition, and specification of RICHMOND has not materially changed since June 2021.

How Large is RICHMOND?

RICHMOND is 130m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses houses in Boundstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boundstone, and where RICHMOND lies on this distribution: 34% of detached houses houses are smaller than RICHMOND, and 64% of houses are larger. Note that EPC data is not available for all properties in Boundstone.

RICHMOND: Plot and Title Map

RICHMOND sits on a plot of roughly 0.404 of an acre, or 1,633m². 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 LONGDOWN ROAD in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of RICHMOND on LONGDOWN ROAD.