7, RICHMOND AVENUE, NEWTHORPE, NOTTINGHAM, NG16 2EQ - £200,000

7 RICHMOND AVENUE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £200,000 in February 2020, which was around 25% below the average February 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

7 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 7 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 7 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
2020 6 FEB	£200,000	£267,790	25% below HPI
2015 2 NOV	£143,000	£220,608	35% below HPI

7 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 7 RICHMOND AVENUE sales from November 2015 and February 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 November 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 RICHMOND AVENUE?

7 RICHMOND AVENUE is 57m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 7 RICHMOND AVENUE lies on this distribution: 6% of detached houses are smaller than 7 RICHMOND AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

7 RICHMOND AVENUE: Plot and Title Map

7 RICHMOND AVENUE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 7 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 7 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 7 RICHMOND AVENUE?

7 RICHMOND AVENUE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 7 on RICHMOND AVENUE.