93, RICHMOND STREET, SHEERNESS, ME12 2QS - £340,000

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

93 RICHMOND STREET is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £340,000 in August 2024, which was around 28% below the average August 2024 detached price in the Swale local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

93 RICHMOND STREET Sold Prices

Land registry data shows four sales for 93 RICHMOND STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 93 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
2024 9 AUG	£340,000	£473,467	28% below HPI
2014 1 JUL	£186,000	£284,860	35% below HPI
2002 21 NOV	£139,995	£194,851	28% below HPI
1997 10 DEC	£73,144	£97,698	25% below HPI

93 RICHMOND STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 93 RICHMOND STREET sales between December 1997 and August 2024 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 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 93 RICHMOND STREET?

93 RICHMOND STREET is 116m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 93 RICHMOND STREET lies on this distribution: 67% of detached houses are smaller than 93 RICHMOND STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Sheerness.

93 RICHMOND STREET: Plot and Title Map

93 RICHMOND STREET sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 93 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 93 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 93 RICHMOND STREET?

93 RICHMOND STREET is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 93 on RICHMOND STREET.