1, FRANKLIN CLOSE, CHESHAM, HP5 2GS - £1,035,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FRANKLIN CLOSE is a large detached house of 176m², which could now be worth an estimated £1,133,656. It was last sold for £1,035,000 in December 2020, which was around 35% above the average December 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was B.

1 FRANKLIN CLOSE Sold Prices

Land registry data shows two sales for 1 FRANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 1 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
2020 4 DEC	£1,035,000	£769,000	35% above HPI
2018 7 JUN	£1,600,000	£738,126	117% above HPI

1 FRANKLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 1 FRANKLIN CLOSE sales from June 2018 and December 2020 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 2018 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the December 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 1 FRANKLIN CLOSE be worth now?

1 FRANKLIN CLOSE might now be worth an estimated £1,133,656.

This is based on house price inflation of 9.5%, between December 2020 and March 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.5% inflationary increase is applied to the most recent sale price for 1 FRANKLIN CLOSE of £1,035,000 on 4th December 2020. For the value to have increased from £1,035,000 to £1,133,656 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 1 FRANKLIN CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The December 2020 sale price of £1,035,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FRANKLIN CLOSE has not materially changed since December 2020.

How Large is 1 FRANKLIN CLOSE?

1 FRANKLIN CLOSE is 176m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses houses in Chesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chesham, and where 1 FRANKLIN CLOSE lies on this distribution: 79% of detached houses houses are smaller than 1 FRANKLIN CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Chesham.

1 FRANKLIN CLOSE: Plot and Title Map

1 FRANKLIN CLOSE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 1 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 1 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 1 FRANKLIN CLOSE?

1 FRANKLIN CLOSE is located in CHESHAM, in the HP5 postcode district. The below map shows the position of No. 1 on FRANKLIN CLOSE.