1, FRANKLIN DRIVE, SPALDING, PE11 2GF - £176,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FRANKLIN DRIVE is a midsized detached house of 102m², built sometime between 2003 and 2006. It was last sold for £176,000 in August 2014, which was around 3% below the average August 2014 detached price in the South Holland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

1 FRANKLIN DRIVE Sold Prices

Land registry data shows three sales for 1 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 South Holland local authority area for the corresponding sale date. One of the three 1 FRANKLIN DRIVE sales was for below the average price, whilst two 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
2014 1 AUG	£176,000	£181,746	3% below HPI
2005 31 AUG	£176,000	£170,168	3% above HPI
2004 19 MAR	£160,000	£153,891	4% above HPI

1 FRANKLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 1 FRANKLIN DRIVE sales between March 2004 and August 2014 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 August 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 FRANKLIN DRIVE?

1 FRANKLIN DRIVE is 102m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 1 FRANKLIN DRIVE lies on this distribution: 40% of detached houses are smaller than 1 FRANKLIN DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 FRANKLIN DRIVE: Plot and Title Map

1 FRANKLIN DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 1 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 1 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 1 FRANKLIN DRIVE?

1 FRANKLIN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on FRANKLIN DRIVE.