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
3 RAYMONDS DRIVE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £347,500 in March 2019, which was around 15% below the average March 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows four sales for 3 RAYMONDS DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the four 3 RAYMONDS 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 |
---|---|---|---|
2019 29 MAR | £347,500 | £407,062 | 15% below HPI |
2011 21 OCT | £250,000 | £258,773 | 3% below HPI |
2007 31 JUL | £228,000 | £269,869 | 16% below HPI |
2002 31 MAY | £148,000 | £169,570 | 13% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The four 3 RAYMONDS DRIVE sales between May 2002 and March 2019 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 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
3 RAYMONDS DRIVE is 89m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in Thundersley, based on EPC data. The below chart shows the distribution of detached houses by size in Thundersley, and where 3 RAYMONDS DRIVE lies on this distribution: 21% of detached houses are smaller than 3 RAYMONDS DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Thundersley.
3 RAYMONDS DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 RAYMONDS 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 3 RAYMONDS 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.
3 RAYMONDS DRIVE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 3 on RAYMONDS DRIVE.