2, FRAMLAND DRIVE, MELTON MOWBRAY, LE13 1HY - £290,000

2 FRAMLAND DRIVE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £290,000 in November 2023, which was around 27% below the average November 2023 detached price in the Melton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

2 FRAMLAND DRIVE Sold Prices

Land registry data shows two sales for 2 FRAMLAND 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 Melton local authority area for the corresponding sale date. Both of the two 2 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
2023 16 NOV	£290,000	£397,692	27% below HPI
1999 21 MAY	£69,500	£93,975	26% below HPI

2 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 two 2 FRAMLAND DRIVE sales from May 1999 and November 2023 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 May 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 FRAMLAND DRIVE?

2 FRAMLAND DRIVE is 82m² according to the EPC inspection conducted in January 2023. 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 2 FRAMLAND DRIVE lies on this distribution: 17% of detached houses are smaller than 2 FRAMLAND DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 FRAMLAND DRIVE: Plot and Title Map

2 FRAMLAND DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 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 2 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 2 FRAMLAND DRIVE?

2 FRAMLAND DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 2 on FRAMLAND DRIVE.