28, FRANKLIN DRIVE, SPALDING, PE11 2GF - £145,000

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

28 FRANKLIN DRIVE is a small extended detached house of 96m², built sometime between 2003 and 2006. It was last sold for £145,000 in April 2010, which was around 16% below the average April 2010 detached price in the South Holland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

28 FRANKLIN DRIVE Sold Prices

Land registry data shows three sales for 28 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. All of the three 28 FRANKLIN DRIVE 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
2010 30 APR	£145,000	£171,856	16% below HPI
2005 29 JUL	£157,500	£169,602	7% below HPI
2004 30 JUL	£154,950	£157,001	1% below HPI

28 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 28 FRANKLIN DRIVE sales between July 2004 and April 2010 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 July 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 28 FRANKLIN DRIVE?

28 FRANKLIN DRIVE is 96m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 28 FRANKLIN DRIVE lies on this distribution: 34% of detached houses are smaller than 28 FRANKLIN DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Spalding.

28 FRANKLIN DRIVE: Plot and Title Map

28 FRANKLIN DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 28 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 28 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 28 FRANKLIN DRIVE?

28 FRANKLIN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 28 on FRANKLIN DRIVE.