101, RICHMOND STREET, SHEERNESS, ME12 2QS - £162,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

101 RICHMOND STREET is a small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £279,124. It was last sold for £162,000 in February 2014, which was around 42% below the average February 2014 detached price in the Swale local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

101 RICHMOND STREET Sold Prices

Land registry data shows two sales for 101 RICHMOND STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 101 RICHMOND STREET 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
2014 19 FEB	£162,000	£277,919	42% below HPI
2007 18 JUL	£166,500	£267,695	38% below HPI

101 RICHMOND STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 101 RICHMOND STREET sales from July 2007 and February 2014 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 July 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 101 RICHMOND STREET be worth now?

101 RICHMOND STREET might now be worth an estimated £279,124.

This is based on house price inflation of 72.3%, between February 2014 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 101 RICHMOND STREET of £162,000 on 19th February 2014. For the value to have increased from £162,000 to £279,124 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 101 RICHMOND STREET has moved in line with the HPI for detached houses in the Swale local authority area.
• The February 2014 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 101 RICHMOND STREET has not materially changed since February 2014.

How Large is 101 RICHMOND STREET?

101 RICHMOND STREET is 81m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheerness, and where 101 RICHMOND STREET lies on this distribution: 34% of detached houses houses are smaller than 101 RICHMOND STREET, and 66% of houses are larger. Note that EPC data is not available for all properties in Sheerness.

101 RICHMOND STREET: Plot and Title Map

101 RICHMOND STREET sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 101 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 101 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 101 RICHMOND STREET?

101 RICHMOND STREET is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 101 on RICHMOND STREET.