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
8 RICHARD AVENUE is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £480,000 in May 2023, which was around 34% above the average May 2023 detached price in the Tendring local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 RICHARD AVENUE since 1st 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 8 RICHARD AVENUE sales were for above 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 |
---|---|---|---|
2023 19 MAY | £480,000 | £357,761 | 34% above HPI |
1995 14 JUL | £70,000 | £65,520 | 7% above HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 8 RICHARD AVENUE sales from July 1995 and May 2023 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 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
8 RICHARD AVENUE is 133m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Brightlingsea, based on EPC data. The below chart shows the distribution of detached houses by size in Brightlingsea, and where 8 RICHARD AVENUE lies on this distribution: 72% of detached houses are smaller than 8 RICHARD AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Brightlingsea.
8 RICHARD AVENUE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 8 RICHARD AVENUE, 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 8 RICHARD AVENUE). 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.
8 RICHARD AVENUE is located in BRIGHTLINGSEA, in the CO7 postcode district. The below map shows the position of No. 8 on RICHARD AVENUE.