24, RICHMOND DRIVE, JAYWICK, CLACTON-ON-SEA, CO15 2PH - £151,500

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.

24 RICHMOND DRIVE is a large detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £252,393. It was last sold for £151,500 in November 2011, which was around 31% below the average November 2011 detached price in the Tendring local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

24 RICHMOND DRIVE Sold Prices

Land registry data shows five sales for 24 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the five 24 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
2011 30 NOV	£151,500	£218,252	31% below HPI
2010 7 OCT	£164,950	£219,879	25% below HPI
2008 17 NOV	£167,167	£207,028	19% below HPI
2005 6 MAY	£174,000	£210,317	17% below HPI
1996 7 MAR	£63,000	£65,680	4% below HPI

24 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 five 24 RICHMOND DRIVE sales between March 1996 and November 2011 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 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 24 RICHMOND DRIVE be worth now?

24 RICHMOND DRIVE might now be worth an estimated £252,393.

This is based on house price inflation of 66.6%, between November 2011 and April 2026, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.6% inflationary increase is applied to the most recent sale price for 24 RICHMOND DRIVE of £151,500 on 30th November 2011. For the value to have increased from £151,500 to £252,393 over the fifteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 24 RICHMOND DRIVE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The November 2011 sale price of £151,500 represented a fair market value for the property.
• The size, condition, and specification of 24 RICHMOND DRIVE has not materially changed since November 2011.

How Large is 24 RICHMOND DRIVE?

24 RICHMOND DRIVE is 66m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jaywick, and where 24 RICHMOND DRIVE lies on this distribution: 63% of detached houses houses are smaller than 24 RICHMOND DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

24 RICHMOND DRIVE: Plot and Title Map

24 RICHMOND DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 24 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 24 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 24 RICHMOND DRIVE?

24 RICHMOND DRIVE is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 24 on RICHMOND DRIVE.