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
18 FRANKLIN DRIVE is a very large detached house of 177m², built sometime between 1991 and 1995. It was last sold for £590,000 in November 2016, which was around 29% above the average November 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 18 FRANKLIN DRIVE since 1st 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 18 FRANKLIN DRIVE 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 25 NOV | £590,000 | £456,917 | 29% above HPI |
2002 22 MAR | £250,000 | £208,165 | 20% above HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 18 FRANKLIN DRIVE sales from March 2002 and November 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 March 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2016 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
18 FRANKLIN DRIVE is 177m² according to the EPC inspection conducted in August 2010. This puts it in the largest 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 18 FRANKLIN DRIVE lies on this distribution: 90% of detached houses are smaller than 18 FRANKLIN DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
18 FRANKLIN DRIVE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 18 FRANKLIN 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 18 FRANKLIN 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.
18 FRANKLIN DRIVE is located in WEAVERING, in the ME14 postcode district. The below map shows the position of No. 18 on FRANKLIN DRIVE.