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
128 RICHMOND AVENUE is a very small extended detached house of 79m², built sometime between 1900 and 1929. It was last sold for £500,000 in January 2022, which was around 17% below the average January 2022 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 128 RICHMOND AVENUE 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 128 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 |
---|---|---|---|
2022 24 JAN | £500,000 | £598,935 | 17% below HPI |
2018 11 APR | £323,000 | £508,255 | 36% below HPI |
1996 9 APR | £64,000 | £87,314 | 27% 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 128 RICHMOND AVENUE sales between April 1996 and January 2022 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 April 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
128 RICHMOND AVENUE is 79m², which includes two extensions, according to the EPC inspection conducted in December 2017. 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 128 RICHMOND AVENUE lies on this distribution: 8% of detached houses are smaller than 128 RICHMOND AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Shoeburyness.
128 RICHMOND AVENUE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 128 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 128 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.
128 RICHMOND AVENUE is located in SHOEBURYNESS, in the SS3 postcode district. The below map shows the position of No. 128 on RICHMOND AVENUE.