120, RICHMOND AVENUE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9LF - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

120 RICHMOND AVENUE is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £265,000 in February 2016, which was around 39% below the average February 2016 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

120 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 120 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 Southend-on-Sea local authority area for the corresponding sale date. Both of the two 120 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
2016 10 FEB	£265,000	£434,205	39% below HPI
1998 26 NOV	£72,000	£118,425	39% below HPI

120 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The two 120 RICHMOND AVENUE sales from November 1998 and February 2016 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 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2016 sale, which was also at 39% below the HPI.

How Large is 120 RICHMOND AVENUE?

120 RICHMOND AVENUE is 86m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Shoeburyness, based on EPC data. The below chart shows the distribution of detached houses by size in Shoeburyness, and where 120 RICHMOND AVENUE lies on this distribution: 11% of detached houses are smaller than 120 RICHMOND AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.

120 RICHMOND AVENUE: Plot and Title Map

120 RICHMOND AVENUE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 120 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 120 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 120 RICHMOND AVENUE?

120 RICHMOND AVENUE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 120 on RICHMOND AVENUE.