5, RICHMOND AVENUE, GLOUCESTER, GL4 4NN - £210,000

5 RICHMOND AVENUE is a small extended detached house of 103m², built sometime before 1900. It was last sold for £210,000 in April 2023, which was around 50% below the average April 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

5 RICHMOND AVENUE Sold Prices

Land registry data shows three sales for 5 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 5 RICHMOND AVENUE 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
2023 28 APR	£210,000	£417,975	50% below HPI
2012 1 MAR	£85,000	£220,018	61% below HPI
2006 27 JAN	£105,000	£229,306	54% below HPI

5 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 5 RICHMOND AVENUE sales between January 2006 and April 2023 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 2012 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the April 2023 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 5 RICHMOND AVENUE?

5 RICHMOND AVENUE is 103m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 5 RICHMOND AVENUE lies on this distribution: 36% of detached houses are smaller than 5 RICHMOND AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 RICHMOND AVENUE: Plot and Title Map

5 RICHMOND AVENUE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 5 RICHMOND AVENUE, 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 5 RICHMOND AVENUE). 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 5 RICHMOND AVENUE?

5 RICHMOND AVENUE is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 5 on RICHMOND AVENUE.