17, RICHMOND DRIVE, JAYWICK, CLACTON-ON-SEA, CO15 2PH - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 RICHMOND DRIVE is a large detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £296,081. It was last sold for £240,000 in May 2018, which was around 22% below the average May 2018 detached price in the Tendring local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

17 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 17 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 17 RICHMOND 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
2018 17 MAY	£240,000	£306,882	22% below HPI
2011 14 DEC	£155,000	£213,649	27% below HPI

17 RICHMOND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 17 RICHMOND DRIVE sales from December 2011 and May 2018 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 December 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 17 RICHMOND DRIVE be worth now?

17 RICHMOND DRIVE might now be worth an estimated £296,081.

This is based on house price inflation of 23.4%, between May 2018 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 17 RICHMOND DRIVE of £240,000 on 17th May 2018. For the value to have increased from £240,000 to £296,081 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 17 RICHMOND DRIVE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The May 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RICHMOND DRIVE has not materially changed since May 2018.

How Large is 17 RICHMOND DRIVE?

17 RICHMOND DRIVE is 77m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jaywick, and where 17 RICHMOND DRIVE lies on this distribution: 77% of detached houses houses are smaller than 17 RICHMOND DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

17 RICHMOND DRIVE: Plot and Title Map

17 RICHMOND DRIVE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 17 RICHMOND 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 17 RICHMOND 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.

Where is 17 RICHMOND DRIVE?

17 RICHMOND DRIVE is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 17 on RICHMOND DRIVE.