2, RICHMOND STREET, KINGS SUTTON, BANBURY, OX17 3RS - £420,000

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.

2 RICHMOND STREET is a midsized semi-detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £503,920. It was last sold for £420,000 in November 2020, which was around 76% above the average November 2020 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2 RICHMOND STREET Sold Prices

Land registry data shows two sales for 2 RICHMOND STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 2 RICHMOND STREET 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
2020 20 NOV	£420,000	£238,078	76% above HPI
2001 14 JUN	£136,000	£88,622	53% above HPI

2 RICHMOND STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 2 RICHMOND STREET sales from June 2001 and November 2020 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 June 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2020 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 2 RICHMOND STREET be worth now?

2 RICHMOND STREET might now be worth an estimated £503,920.

This is based on house price inflation of 20%, between November 2020 and February 2025, for semi-detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 2 RICHMOND STREET of £420,000 on 20th November 2020. For the value to have increased from £420,000 to £503,920 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 RICHMOND STREET has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The November 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RICHMOND STREET has not materially changed since November 2020.

How Large is 2 RICHMOND STREET?

2 RICHMOND STREET is 130m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of semi-detached houses houses in Kings Sutton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kings Sutton, and where 2 RICHMOND STREET lies on this distribution: 54% of semi-detached houses houses are smaller than 2 RICHMOND STREET, and 46% of houses are larger. Note that EPC data is not available for all properties in Kings Sutton.

2 RICHMOND STREET: Plot and Title Map

2 RICHMOND STREET sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 RICHMOND STREET, 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 2 RICHMOND STREET). 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 2 RICHMOND STREET?

2 RICHMOND STREET is located in KINGS SUTTON, in the OX17 postcode district. The below map shows the position of No. 2 on RICHMOND STREET.