12, FRAMLAND DRIVE, MELTON MOWBRAY, LE13 1HY - £155,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

12 FRAMLAND DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £155,000 in March 2008, which was around 36% below the average March 2008 detached price in the Melton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

12 FRAMLAND DRIVE Sold Prices

Land registry data shows three sales for 12 FRAMLAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 12 FRAMLAND DRIVE 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
2008 20 MAR	£155,000	£242,628	36% below HPI
2006 13 JAN	£141,000	£224,090	37% below HPI
1996 8 OCT	£50,000	£89,419	44% below HPI

12 FRAMLAND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 12 FRAMLAND DRIVE sales between October 1996 and March 2008 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 January 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2008 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 12 FRAMLAND DRIVE?

12 FRAMLAND DRIVE is 66m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 12 FRAMLAND DRIVE lies on this distribution: 5% of detached houses are smaller than 12 FRAMLAND DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 FRAMLAND DRIVE: Plot and Title Map

12 FRAMLAND DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 12 FRAMLAND 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 12 FRAMLAND 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 12 FRAMLAND DRIVE?

12 FRAMLAND DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 12 on FRAMLAND DRIVE.