63, RICHMOND WAY, MAIDSTONE, ME15 6BW - £300,000

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

63 RICHMOND WAY is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2021, which was around 40% below the average October 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

63 RICHMOND WAY Sold Prices

Land registry data shows four sales for 63 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the four 63 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 22 OCT	£300,000	£501,614	40% below HPI
2005 16 SEP	£187,500	£307,875	39% below HPI
2002 18 MAR	£125,500	£208,165	40% below HPI
1999 30 JUN	£79,995	£146,511	45% below HPI

63 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 four 63 RICHMOND WAY sales between June 1999 and October 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 September 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 63 RICHMOND WAY?

63 RICHMOND WAY is 84m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 63 RICHMOND WAY lies on this distribution: 13% of detached houses are smaller than 63 RICHMOND WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

63 RICHMOND WAY: Plot and Title Map

63 RICHMOND WAY sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 63 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 63 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 63 RICHMOND WAY?

63 RICHMOND WAY is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 63 on RICHMOND WAY.