5, FRANKLIN DRIVE, WEAVERING, MAIDSTONE, ME14 5SY - £475,000

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

5 FRANKLIN DRIVE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £475,000 in June 2021, which was around 2% below the average June 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

5 FRANKLIN DRIVE Sold Prices

Land registry data shows two sales for 5 FRANKLIN DRIVE 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 5 FRANKLIN 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
2021 28 JUN	£475,000	£484,972	2% below HPI
1997 31 JAN	£108,000	£113,897	5% below HPI

5 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 two 5 FRANKLIN DRIVE sales from January 1997 and June 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 January 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 FRANKLIN DRIVE?

5 FRANKLIN DRIVE is 100m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 5 FRANKLIN DRIVE lies on this distribution: 27% of detached houses are smaller than 5 FRANKLIN DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 FRANKLIN DRIVE: Plot and Title Map

5 FRANKLIN DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 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 5 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 5 FRANKLIN DRIVE?

5 FRANKLIN DRIVE is located in WEAVERING, in the ME14 postcode district. The below map shows the position of No. 5 on FRANKLIN DRIVE.