23, RICHMOND WAY, MAIDSTONE, ME15 6BL - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 RICHMOND WAY is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £310,000 in April 2013, which was around 6% below the average April 2013 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

23 RICHMOND WAY Sold Prices

Land registry data shows three sales for 23 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. All of the three 23 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
2013 26 APR	£310,000	£328,971	6% below HPI
2011 13 OCT	£315,000	£328,985	4% below HPI
2009 18 DEC	£250,000	£316,870	21% below HPI

23 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 23 RICHMOND WAY sales between December 2009 and April 2013 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 October 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 23 RICHMOND WAY?

23 RICHMOND WAY is 77m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 23 RICHMOND WAY lies on this distribution: 7% of detached houses are smaller than 23 RICHMOND WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

23 RICHMOND WAY: Plot and Title Map

23 RICHMOND WAY sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 23 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 23 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 23 RICHMOND WAY?

23 RICHMOND WAY is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 23 on RICHMOND WAY.