1, RICHBOROUGH DRIVE, STROOD, ROCHESTER, ME2 3LU - £285,000

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.

1 RICHBOROUGH DRIVE is a midsized detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £602,316. It was last sold for £285,000 in May 2005, which was around 12% above the average May 2005 detached price in the Medway local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 RICHBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 1 RICHBOROUGH 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 Medway local authority area for the corresponding sale date. Both of the two 1 RICHBOROUGH DRIVE sales were 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
2005 20 MAY	£285,000	£254,885	12% above HPI
1996 30 JUN	£134,000	£84,529	59% above HPI

1 RICHBOROUGH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 1 RICHBOROUGH DRIVE sales from June 1996 and May 2005 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 June 1996 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2005 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 RICHBOROUGH DRIVE be worth now?

1 RICHBOROUGH DRIVE might now be worth an estimated £602,316.

This is based on house price inflation of 111.3%, between May 2005 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 111.3% inflationary increase is applied to the most recent sale price for 1 RICHBOROUGH DRIVE of £285,000 on 20th May 2005. For the value to have increased from £285,000 to £602,316 over the twenty years and three months to February 2025, the following assumptions must hold true:

• The value of 1 RICHBOROUGH DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2005 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHBOROUGH DRIVE has not materially changed since May 2005.

How Large is 1 RICHBOROUGH DRIVE?

1 RICHBOROUGH DRIVE is 127m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 1 RICHBOROUGH DRIVE lies on this distribution: 56% of detached houses houses are smaller than 1 RICHBOROUGH DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Rochester.

1 RICHBOROUGH DRIVE: Plot and Title Map

1 RICHBOROUGH DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 1 RICHBOROUGH 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 1 RICHBOROUGH 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 1 RICHBOROUGH DRIVE?

1 RICHBOROUGH DRIVE is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 1 on RICHBOROUGH DRIVE.