12, RICHMOND PARK, WALLSEND, NE28 8UN - £205,000

12 RICHMOND PARK is a very large detached house of 126m², built sometime between 1983 and 1990. It was last sold for £205,000 in May 2012, which was around 9% below the average May 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

12 RICHMOND PARK Sold Prices

Land registry data shows two sales for 12 RICHMOND PARK 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 Tyneside local authority area for the corresponding sale date. Both of the two 12 RICHMOND PARK 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
2012 4 MAY	£205,000	£226,391	9% below HPI
2002 25 NOV	£144,000	£146,257	2% below HPI

12 RICHMOND PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 12 RICHMOND PARK sales from November 2002 and May 2012 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 November 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 RICHMOND PARK?

12 RICHMOND PARK is 126m² according to the EPC inspection conducted in June 2011. This puts it in the largest 20% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 12 RICHMOND PARK lies on this distribution: 83% of detached houses are smaller than 12 RICHMOND PARK, and 17% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

12 RICHMOND PARK: Plot and Title Map

12 RICHMOND PARK sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 12 RICHMOND PARK, 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 12 RICHMOND PARK). 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 12 RICHMOND PARK?

12 RICHMOND PARK is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 12 on RICHMOND PARK.