4, RICHBOROUGH DRIVE, STROOD, ROCHESTER, ME2 3LU - £510,000

4 RICHBOROUGH DRIVE is a midsized detached house of 128m², built sometime between 1996 and 2002. It was last sold for £510,000 in May 2019, which was around 20% above the average May 2019 detached price in the Medway local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

4 RICHBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 4 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 4 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
2019 24 MAY	£510,000	£424,709	20% above HPI
1998 10 JUL	£169,000	£103,119	64% above HPI

4 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 4 RICHBOROUGH DRIVE sales from July 1998 and May 2019 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 July 1998 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2019 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 4 RICHBOROUGH DRIVE?

4 RICHBOROUGH DRIVE is 128m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 4 RICHBOROUGH DRIVE lies on this distribution: 56% of detached houses are smaller than 4 RICHBOROUGH DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rochester.

4 RICHBOROUGH DRIVE: Plot and Title Map

4 RICHBOROUGH DRIVE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 4 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 4 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 4 RICHBOROUGH DRIVE?

4 RICHBOROUGH DRIVE is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 4 on RICHBOROUGH DRIVE.