2, FRANKLIN CLOSE, KIDLINGTON, OX5 2PT - £380,000

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 FRANKLIN CLOSE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £380,000 in February 2015, which was around 9% below the average February 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 FRANKLIN CLOSE Sold Prices

Land registry data shows two sales for 2 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 Cherwell local authority area for the corresponding sale date. One of the two 2 FRANKLIN CLOSE sales was for below the average price, whilst the other was 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
2015 11 FEB	£380,000	£415,402	9% below HPI
1995 4 APR	£140,000	£95,557	47% above HPI

2 FRANKLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 2 FRANKLIN CLOSE sales from April 1995 and February 2015 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 1995 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 FRANKLIN CLOSE?

2 FRANKLIN CLOSE is 84m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Kidlington, based on EPC data. The below chart shows the distribution of detached houses by size in Kidlington, and where 2 FRANKLIN CLOSE lies on this distribution: 22% of detached houses are smaller than 2 FRANKLIN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Kidlington.

2 FRANKLIN CLOSE: Plot and Title Map

2 FRANKLIN CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 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 2 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 2 FRANKLIN CLOSE?

2 FRANKLIN CLOSE is located in KIDLINGTON, in the OX5 postcode district. The below map shows the position of No. 2 on FRANKLIN CLOSE.