2, RICHBOROUGH DRIVE, STROOD, ROCHESTER, ME2 3LU - £409,995

2 RICHBOROUGH DRIVE is a very large extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £409,995 in August 2015, which was around 23% above the average August 2015 detached price in the Medway local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

2 RICHBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 2 RICHBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 2 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
2015 24 AUG	£409,995	£333,356	23% above HPI
2002 23 MAY	£275,000	£178,532	54% above HPI
1998 9 APR	£180,000	£100,653	79% above HPI

2 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 three 2 RICHBOROUGH DRIVE sales between April 1998 and August 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 May 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 RICHBOROUGH DRIVE?

2 RICHBOROUGH DRIVE is 175m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 20% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 2 RICHBOROUGH DRIVE lies on this distribution: 85% of detached houses are smaller than 2 RICHBOROUGH DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2 RICHBOROUGH DRIVE: Plot and Title Map

2 RICHBOROUGH DRIVE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 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 2 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 2 RICHBOROUGH DRIVE?

2 RICHBOROUGH DRIVE is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 2 on RICHBOROUGH DRIVE.