4, RICHMOND WAY, MAIDSTONE, ME15 6BL - £325,000

4 RICHMOND WAY is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £325,000 in January 2020, which was around 32% below the average January 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

4 RICHMOND WAY Sold Prices

Land registry data shows three sales for 4 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Two of the three 4 RICHMOND WAY sales were for below the average price, whilst one was 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
2020 23 JAN	£325,000	£474,993	32% below HPI
2002 28 NOV	£245,000	£250,407	2% below HPI
1995 27 JAN	£109,000	£106,061	3% above HPI

4 RICHMOND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 4 RICHMOND WAY sales between January 1995 and January 2020 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 November 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 RICHMOND WAY?

4 RICHMOND WAY is 112m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 4 RICHMOND WAY lies on this distribution: 40% of detached houses are smaller than 4 RICHMOND WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

4 RICHMOND WAY: Plot and Title Map

4 RICHMOND WAY sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 4 RICHMOND WAY, 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 RICHMOND WAY). 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 RICHMOND WAY?

4 RICHMOND WAY is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 4 on RICHMOND WAY.