2, FRANKLIN DRIVE, WEAVERING, MAIDSTONE, ME14 5SY - £600,000

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

2 FRANKLIN DRIVE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £600,000 in November 2021, which was around 18% above the average November 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 FRANKLIN DRIVE Sold Prices

Land registry data shows three sales for 2 FRANKLIN 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 Maidstone local authority area for the corresponding sale date. All of the three 2 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
2021 23 NOV	£600,000	£507,992	18% above HPI
2002 21 JUN	£239,995	£227,553	5% above HPI
1997 18 JUL	£149,995	£121,161	24% above HPI

2 FRANKLIN DRIVE 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 three 2 FRANKLIN DRIVE sales between July 1997 and November 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 June 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 FRANKLIN DRIVE?

2 FRANKLIN DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 2 FRANKLIN DRIVE lies on this distribution: 43% of detached houses are smaller than 2 FRANKLIN DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 FRANKLIN DRIVE: Plot and Title Map

2 FRANKLIN DRIVE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 2 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 2 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.

Where is 2 FRANKLIN DRIVE?

2 FRANKLIN DRIVE is located in WEAVERING, in the ME14 postcode district. The below map shows the position of No. 2 on FRANKLIN DRIVE.