2, FRANKLAND WALK, ELY, CB6 1TH - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FRANKLAND WALK is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £355,000 in February 2018, which was around 6% below the average February 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

2 FRANKLAND WALK Sold Prices

Land registry data shows three sales for 2 FRANKLAND WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 2 FRANKLAND WALK 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
2018 9 FEB	£355,000	£379,534	6% below HPI
2015 27 NOV	£315,000	£331,395	5% below HPI
2011 16 SEP	£229,950	£240,098	4% below HPI

2 FRANKLAND WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 2 FRANKLAND WALK sales between September 2011 and February 2018 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 November 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 FRANKLAND WALK?

2 FRANKLAND WALK is 87m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 2 FRANKLAND WALK lies on this distribution: 18% of detached houses are smaller than 2 FRANKLAND WALK, and 81% of houses are larger. Note that EPC data is not available for all properties in Ely.

2 FRANKLAND WALK: Plot and Title Map

2 FRANKLAND WALK sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 2 FRANKLAND WALK, 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 FRANKLAND WALK). 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 FRANKLAND WALK?

2 FRANKLAND WALK is located in ELY, in the CB6 postcode district. The below map shows the position of No. 2 on FRANKLAND WALK.