47, RICHMOND WAY, MAIDSTONE, ME15 6BN - £380,000

47 RICHMOND WAY is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £380,000 in November 2020, which was around 22% below the average November 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

47 RICHMOND WAY Sold Prices

Land registry data shows two sales for 47 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 47 RICHMOND WAY 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
2020 18 NOV	£380,000	£485,784	22% below HPI
2019 21 JUN	£295,000	£476,428	38% below HPI

47 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 two 47 RICHMOND WAY sales from June 2019 and November 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 June 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 47 RICHMOND WAY?

47 RICHMOND WAY is 99m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 47 RICHMOND WAY lies on this distribution: 26% of detached houses are smaller than 47 RICHMOND WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

47 RICHMOND WAY: Plot and Title Map

47 RICHMOND WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 47 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 47 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 47 RICHMOND WAY?

47 RICHMOND WAY is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 47 on RICHMOND WAY.