3, RICHMOND DRIVE, JAYWICK, CLACTON-ON-SEA, CO15 2PH - £245,000

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 RICHMOND DRIVE is a very large extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £245,000 in August 2018, which was around 18% below the average August 2018 detached price in the Tendring local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

3 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 3 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 3 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 10 AUG	£245,000	£297,574	18% below HPI
1999 9 SEP	£74,000	£86,469	14% below HPI

3 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 3 RICHMOND DRIVE sales from September 1999 and August 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 RICHMOND DRIVE?

3 RICHMOND DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 3 RICHMOND DRIVE lies on this distribution: 93% of detached houses are smaller than 3 RICHMOND DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

3 RICHMOND DRIVE: Plot and Title Map

3 RICHMOND DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 3 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 3 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 3 RICHMOND DRIVE?

3 RICHMOND DRIVE is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 3 on RICHMOND DRIVE.