28, FRANKLIN WAY, WHETSTONE, LEICESTER, LE8 6QY - £485,000

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

28 FRANKLIN WAY is a very large detached house of 166m², built sometime between 1996 and 2002. It was last sold for £485,000 in September 2021, which was around 36% above the average September 2021 detached price in the Blaby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

28 FRANKLIN WAY Sold Prices

Land registry data shows three sales for 28 FRANKLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 28 FRANKLIN WAY 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
2021 30 SEP	£485,000	£357,460	36% above HPI
2002 30 AUG	£230,000	£150,834	52% above HPI
1998 24 APR	£142,950	£85,425	67% above HPI

28 FRANKLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 28 FRANKLIN WAY sales between April 1998 and September 2021 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 2002 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 28 FRANKLIN WAY?

28 FRANKLIN WAY is 166m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 28 FRANKLIN WAY lies on this distribution: 88% of detached houses are smaller than 28 FRANKLIN WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

28 FRANKLIN WAY: Plot and Title Map

28 FRANKLIN WAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 28 FRANKLIN WAY, 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 WAY). 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 WAY?

28 FRANKLIN WAY is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 28 on FRANKLIN WAY.