53, RICHMOND WAY, MAIDSTONE, ME15 6BN - £405,000

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

53 RICHMOND WAY is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £405,000 in December 2021, which was around 19% below the average December 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

53 RICHMOND WAY Sold Prices

Land registry data shows two sales for 53 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 53 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
2021 20 DEC	£405,000	£499,353	19% below HPI
2001 7 DEC	£152,000	£204,805	26% below HPI

53 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 53 RICHMOND WAY sales from December 2001 and December 2021 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 December 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 53 RICHMOND WAY?

53 RICHMOND WAY is 80m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 53 RICHMOND WAY lies on this distribution: 9% of detached houses are smaller than 53 RICHMOND WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

53 RICHMOND WAY: Plot and Title Map

53 RICHMOND WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 53 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 53 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 53 RICHMOND WAY?

53 RICHMOND WAY is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 53 on RICHMOND WAY.