16, Old Palace Lane
16, Old Palace Lane
Description & Estimates
Public records show 16, Old Palace Lane, Richmond to be a period freehold house with 1,054 ft2 of internal area, sitting on a 120 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Old Palace Lane, Richmond has an estimated sale value of £1,613,087 and an estimated rental value of £5,933 per month, assuming reasonable condition and based on the information available.
Old Palace Lane, Richmond, TW9 lies in the borough of Richmond upon Thames, within the TW9 postal district.
Our Data Sources
16, Old Palace Lane, Richmond has 41 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 16, Old Palace Lane, Richmond would be worth £1,693,741, with a potential rental value of £6,229 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,500,170, with a rental value of £5,518 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Old Palace Lane, Richmond has decreased by £17,316 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £327 (5.5%). The property's estimated gross yield is currently 4.4%.
Plot Size
16, Old Palace Lane, Richmond occupies a 120 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 15th largest.
Energy Efficiency
16, Old Palace Lane, Richmond has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Old Palace Lane, Richmond last changed hands on 11th June 2021, selling for £1,300,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 40.7% since June 2021.
- Sold Jun 2021£1,300,000
- Sold Jul 2007£740,000
- Sold Oct 2004£480,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 16, Old Palace Lane, Richmond across the last 2 years.
Most recently, 2 Stable Cottages, Old Palace Yard, Richmond, TW9 1PD, a leasehold house, sold at £1,875,000 on the 19th March 2021.
Read more about house prices in TW9.
- Sold Mar 2021£1,875,000 | 3 Bed HouseOld Palace Yard2 Stable Cottages, Old Palace Yard, Richmond, TW9 1PD
- Sold Nov 2018£1,475,000 | 3 Bed HouseOld Palace Yard3 Stable Cottages, Old Palace Yard, Richmond, TW9 1PD
- Sold Sep 2014£1,300,000 | 3 Bed HouseOld Palace Lane20, Old Palace Lane, Richmond, TW9 1PG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 16, Old Palace Lane, Richmond as the 21st largest and the 17th most expensive of the 45 addresses on Old Palace Lane, Richmond, TW9.
Against the TW9 postcode district average, it is £918k more expensive than the typical property.
More reading links
Schools Nearby
- 600mDeer Park School
- 1.1kmSt Stephen's C E Primary School
- 1.1kmWorple Primary School
- 1.5kmOrleans Park School
- 1.6kmChrist's Church of England Comprehensive Secondary School
- 1.6kmGumley House RC Convent School, FCJ
More reading links
Public Transport Nearby
St Margarets (London) station is the nearest stop to 16, Old Palace Lane, Richmond at 900 metres away.
- 600mRichmond
- 700mRichmond (London)
- 1.0kmSt Margarets (London)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
