27, RICHMOND STREET, SOUTHEND-ON-SEA, SS2 4NW - £170,000

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

27 RICHMOND STREET is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £170,000 in January 2011, which was around 47% below the average January 2011 detached price in the Southend-on-Sea local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

27 RICHMOND STREET Sold Prices

Land registry data shows two sales for 27 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 Southend-on-Sea local authority area for the corresponding sale date. Both of the two 27 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
2011 14 JAN	£170,000	£321,951	47% below HPI
1997 24 OCT	£62,000	£111,999	45% below HPI

27 RICHMOND STREET 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 27 RICHMOND STREET sales from October 1997 and January 2011 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 October 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2011 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 27 RICHMOND STREET be worth now?

27 RICHMOND STREET might now be worth an estimated £327,009.

This is based on house price inflation of 92.4%, between January 2011 and December 2024, for detached houses, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.4% inflationary increase is applied to the most recent sale price for 27 RICHMOND STREET of £170,000 on 14th January 2011. For the value to have increased from £170,000 to £327,009 over the twelve years and one month to December 2024, the following assumptions must hold true:

• The value of 27 RICHMOND STREET has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The January 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RICHMOND STREET has not materially changed since January 2011.

How Large is 27 RICHMOND STREET?

27 RICHMOND STREET is 99m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southend-on-Sea, and where 27 RICHMOND STREET lies on this distribution: 31% of detached houses houses are smaller than 27 RICHMOND STREET, and 69% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

27 RICHMOND STREET: Plot and Title Map

27 RICHMOND STREET sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 27 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 27 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 27 RICHMOND STREET?

27 RICHMOND STREET is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 27 on RICHMOND STREET.