5, FRANKLIN CLOSE, NOTTINGHAM, NG5 8SG - £140,000

5 FRANKLIN CLOSE is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £140,000 in June 2008, which was around 1% above the average June 2008 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

5 FRANKLIN CLOSE Sold Prices

Land registry data shows three sales for 5 FRANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 5 FRANKLIN CLOSE 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
2008 12 JUN	£140,000	£139,178	1% above HPI
2004 21 MAY	£190,000	£131,172	45% above HPI
1998 22 MAY	£90,500	£56,217	61% above HPI

5 FRANKLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 5 FRANKLIN CLOSE sales between May 1998 and June 2008 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 2004 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2008 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 FRANKLIN CLOSE?

5 FRANKLIN CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 5 FRANKLIN CLOSE lies on this distribution: 51% of detached houses are smaller than 5 FRANKLIN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 FRANKLIN CLOSE: Plot and Title Map

5 FRANKLIN CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 FRANKLIN CLOSE, 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 CLOSE). 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 CLOSE?

5 FRANKLIN CLOSE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 5 on FRANKLIN CLOSE.