3, RICHMOND ROAD, WICKFORD, SS11 7LD - £225,000

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.

3 RICHMOND ROAD is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £415,517. It was last sold for £225,000 in September 2012, which was around 37% below the average September 2012 detached price in the Basildon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 3 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 3 RICHMOND ROAD 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
2012 26 SEP	£225,000	£356,959	37% below HPI
2002 18 JUL	£176,000	£234,403	25% below HPI
1996 26 JUN	£81,000	£100,176	19% below HPI

3 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 3 RICHMOND ROAD sales between June 1996 and September 2012 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 July 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 RICHMOND ROAD be worth now?

3 RICHMOND ROAD might now be worth an estimated £415,517.

This is based on house price inflation of 84.7%, between September 2012 and February 2025, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.7% inflationary increase is applied to the most recent sale price for 3 RICHMOND ROAD of £225,000 on 26th September 2012. For the value to have increased from £225,000 to £415,517 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 RICHMOND ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICHMOND ROAD has not materially changed since September 2012.

How Large is 3 RICHMOND ROAD?

3 RICHMOND ROAD is 120m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runwell, and where 3 RICHMOND ROAD lies on this distribution: 44% of detached houses houses are smaller than 3 RICHMOND ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Runwell.

3 RICHMOND ROAD: Plot and Title Map

3 RICHMOND ROAD sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 3 RICHMOND ROAD, 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 ROAD). 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 ROAD?

3 RICHMOND ROAD is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 3 on RICHMOND ROAD.