17, RICHBOROUGH DRIVE, STROOD, ROCHESTER, ME2 3LU - £537,000

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.

17 RICHBOROUGH DRIVE is a large extended detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £646,725. It was last sold for £537,000 in September 2018, which was around 20% above the average September 2018 detached price in the Medway local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

17 RICHBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 17 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 17 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
2018 4 SEP	£537,000	£447,279	20% above HPI
2011 23 AUG	£295,000	£262,409	12% above HPI

17 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 17 RICHBOROUGH DRIVE sales from August 2011 and September 2018 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 August 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 17 RICHBOROUGH DRIVE be worth now?

17 RICHBOROUGH DRIVE might now be worth an estimated £646,725.

This is based on house price inflation of 20.4%, between September 2018 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 20.4% inflationary increase is applied to the most recent sale price for 17 RICHBOROUGH DRIVE of £537,000 on 4th September 2018. For the value to have increased from £537,000 to £646,725 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 RICHBOROUGH DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2018 sale price of £537,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RICHBOROUGH DRIVE has not materially changed since September 2018.

How Large is 17 RICHBOROUGH DRIVE?

17 RICHBOROUGH DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% 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 17 RICHBOROUGH DRIVE lies on this distribution: 70% of detached houses houses are smaller than 17 RICHBOROUGH DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Rochester.

17 RICHBOROUGH DRIVE: Plot and Title Map

17 RICHBOROUGH DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 17 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 17 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 17 RICHBOROUGH DRIVE?

17 RICHBOROUGH DRIVE is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 17 on RICHBOROUGH DRIVE.