18, FRANKLIN DRIVE, TOLLERTON, NOTTINGHAM, NG12 4ER - £500,000

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.

18 FRANKLIN DRIVE is a very large extended detached house of 188m², built sometime between 1967 and 1975, which could now be worth an estimated £622,793. It was last sold for £500,000 in November 2020, which was around 24% above the average November 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

18 FRANKLIN DRIVE Sold Prices

Land registry data shows three sales for 18 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 Rushcliffe local authority area for the corresponding sale date. All of the three 18 FRANKLIN DRIVE 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 27 NOV	£500,000	£401,610	24% above HPI
2018 4 APR	£425,000	£366,376	16% above HPI
2006 13 OCT	£325,000	£272,365	19% above HPI

18 FRANKLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 18 FRANKLIN DRIVE sales between October 2006 and November 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 April 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 18 FRANKLIN DRIVE be worth now?

18 FRANKLIN DRIVE might now be worth an estimated £622,793.

This is based on house price inflation of 24.6%, between November 2020 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 18 FRANKLIN DRIVE of £500,000 on 27th November 2020. For the value to have increased from £500,000 to £622,793 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 FRANKLIN DRIVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FRANKLIN DRIVE has not materially changed since November 2020.

How Large is 18 FRANKLIN DRIVE?

18 FRANKLIN DRIVE is 188m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses houses in Tollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tollerton, and where 18 FRANKLIN DRIVE lies on this distribution: 84% of detached houses houses are smaller than 18 FRANKLIN DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Tollerton.

18 FRANKLIN DRIVE: Plot and Title Map

18 FRANKLIN DRIVE sits on a plot of roughly 0.230 of an acre, or 930m². The below map shows the location of 18 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 18 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 18 FRANKLIN DRIVE?

18 FRANKLIN DRIVE is located in TOLLERTON, in the NG12 postcode district. The below map shows the position of No. 18 on FRANKLIN DRIVE.