3, RICHMOND DRIVE, RAYLEIGH, SS6 7RJ - £343,800

3 RICHMOND DRIVE is a midsized detached house of 112m², built sometime between 1976 and 1982. It was last sold for £343,800 in March 2015, which was around 10% below the average March 2015 detached price in the Rochford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

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 Rochford local authority area for the corresponding sale date. One of the two 3 RICHMOND DRIVE sales was for below the average price, whilst the other was 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
2015 30 MAR	£343,800	£383,426	10% below HPI
1996 18 APR	£95,000	£92,084	3% above HPI

3 RICHMOND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 3 RICHMOND DRIVE sales from April 1996 and March 2015 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 April 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 RICHMOND DRIVE?

3 RICHMOND DRIVE is 112m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 3 RICHMOND DRIVE lies on this distribution: 40% of detached houses are smaller than 3 RICHMOND DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

3 RICHMOND DRIVE: Plot and Title Map

3 RICHMOND DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². 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 RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 3 on RICHMOND DRIVE.