RICHMOND HOUSE, RECTORY LANE, SUTTON VALENCE, MAIDSTONE, ME17 3BS - £1,325,000

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

RICHMOND HOUSE is a very large extended detached house of 536m², built sometime between 1950 and 1966. It was last sold for £1,325,000 in February 2016, which was around 204% above the average February 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

RICHMOND HOUSE Sold Prices

Land registry data shows two sales for RICHMOND HOUSE 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 RICHMOND HOUSE 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
2016 17 FEB	£1,325,000	£435,524	204% above HPI
2009 22 OCT	£1,250,000	£314,071	298% above HPI

RICHMOND HOUSE 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 RICHMOND HOUSE sales from October 2009 and February 2016 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 2009 sale was for 298% above the HPI. So the extrapolation line tracks at 298% above the HPI over time, until the February 2016 sale, where it falls to 204% above the HPI. The line then continues to track at 204% above the HPI.

How Large is RICHMOND HOUSE?

RICHMOND HOUSE is 536m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Sutton Valence, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Valence, and where RICHMOND HOUSE lies on this distribution: More than 99% of detached houses are smaller than RICHMOND HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Sutton Valence.

RICHMOND HOUSE: Plot and Title Map

RICHMOND HOUSE sits on a plot of roughly 0.714 of an acre, or 2,889m². The below map shows the location of RICHMOND HOUSE, 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 RICHMOND HOUSE). 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 RICHMOND HOUSE?

RICHMOND HOUSE is located on RECTORY LANE in SUTTON VALENCE, in the ME17 postcode district. The below map shows the position of RICHMOND HOUSE on RECTORY LANE.