5, RICHMOND STREET, SOUTHEND-ON-SEA, SS2 4NW - £190,000

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.

5 RICHMOND STREET is a very small extended terraced house of 34m², built sometime between 1900 and 1929, which could now be worth an estimated £182,727. It was last sold for £190,000 in September 2022, which was around 42% below the average September 2022 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

5 RICHMOND STREET Sold Prices

Land registry data shows three sales for 5 RICHMOND STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 5 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
2022 7 SEP	£190,000	£329,025	42% below HPI
2014 1 DEC	£113,000	£204,321	45% below HPI
2006 30 AUG	£113,000	£164,825	31% below HPI

5 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 three 5 RICHMOND STREET sales between August 2006 and September 2022 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 December 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 5 RICHMOND STREET be worth now?

5 RICHMOND STREET might now be worth an estimated £182,727.

This is based on house price deflation of 3.8%, between September 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 5 RICHMOND STREET of £190,000 on 7th September 2022. For the value to have decreased from £190,000 to £182,727 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 5 RICHMOND STREET has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The September 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RICHMOND STREET has not materially changed since September 2022.

How Large is 5 RICHMOND STREET?

5 RICHMOND STREET is 34m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 5 RICHMOND STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 RICHMOND STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

5 RICHMOND STREET: Plot and Title Map

5 RICHMOND STREET sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 5 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 5 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 5 RICHMOND STREET?

5 RICHMOND STREET is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 5 on RICHMOND STREET.