14, FRAMLAND DRIVE, MELTON MOWBRAY, LE13 1HY - £192,000

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

14 FRAMLAND DRIVE is a very small extended semi-detached house of 79m², built sometime between 1983 and 1990. It was last sold for £192,000 in November 2019, which was around 39% below the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

14 FRAMLAND DRIVE Sold Prices

Land registry data shows five sales for 14 FRAMLAND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 14 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
2019 22 NOV	£192,000	£312,369	39% below HPI
2015 12 NOV	£161,000	£269,233	40% below HPI
2006 3 NOV	£143,000	£232,714	39% below HPI
2003 21 NOV	£110,000	£198,176	44% below HPI
1998 22 MAY	£53,000	£92,464	43% below HPI

14 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 five 14 FRAMLAND DRIVE sales between May 1998 and November 2019 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 November 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 14 FRAMLAND DRIVE?

14 FRAMLAND DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 14 FRAMLAND DRIVE lies on this distribution: 13% of detached houses are smaller than 14 FRAMLAND DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 FRAMLAND DRIVE: Plot and Title Map

14 FRAMLAND DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 14 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 14 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 14 FRAMLAND DRIVE?

14 FRAMLAND DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on FRAMLAND DRIVE.