42, RICHMOND STREET, SOUTHEND-ON-SEA, SS2 4NP - £270,000

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.

42 RICHMOND STREET is a very small extended terraced house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £315,103. It was last sold for £270,000 in August 2018, which was about the average August 2018 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

42 RICHMOND STREET Sold Prices

Land registry data shows four sales for 42 RICHMOND STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. The four 42 RICHMOND STREET sales were a mix of roughly equal to the average price, above the average price, and 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
2018 14 AUG	£270,000	£271,137	Close to HPI
2016 30 SEP	£245,000	£242,497	1% above HPI
2011 28 JAN	£166,000	£165,473	Close to HPI
2005 25 JUL	£141,000	£154,544	9% below HPI

42 RICHMOND STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The four 42 RICHMOND STREET sales between July 2005 and August 2018 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 September 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 42 RICHMOND STREET be worth now?

42 RICHMOND STREET might now be worth an estimated £315,103.

This is based on house price inflation of 16.7%, between August 2018 and June 2025, for terraced houses, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 42 RICHMOND STREET of £270,000 on 14th August 2018. For the value to have increased from £270,000 to £315,103 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 42 RICHMOND STREET has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The August 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 42 RICHMOND STREET has not materially changed since August 2018.

How Large is 42 RICHMOND STREET?

42 RICHMOND STREET is 72m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of terraced houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southend-on-Sea, and where 42 RICHMOND STREET lies on this distribution: 9% of terraced houses houses are smaller than 42 RICHMOND STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

42 RICHMOND STREET: Plot and Title Map

42 RICHMOND STREET sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 42 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 42 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 42 RICHMOND STREET?

42 RICHMOND STREET is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 42 on RICHMOND STREET.