Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
112 RAPHAEL DRIVE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £465,000 in November 2023, which was around 25% below the average November 2023 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 112 RAPHAEL DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 112 RAPHAEL DRIVE 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 23 NOV | £465,000 | £623,524 | 25% below HPI |
2008 9 JAN | £268,995 | £332,857 | 19% below HPI |
1996 2 OCT | £80,500 | £93,164 | 14% below HPI |
The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 112 RAPHAEL DRIVE sales between October 1996 and November 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 January 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
112 RAPHAEL DRIVE is 82m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 112 RAPHAEL DRIVE lies on this distribution: 9% of detached houses are smaller than 112 RAPHAEL DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.
112 RAPHAEL DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 112 RAPHAEL DRIVE, 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 112 RAPHAEL DRIVE). 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.
112 RAPHAEL DRIVE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 112 on RAPHAEL DRIVE.