3, FRANKLAND WALK, ELY, CB6 1TH - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FRANKLAND WALK is a midsized extended detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £484,194. It was last sold for £450,000 in August 2022, which was around 3% below the average August 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

3 FRANKLAND WALK Sold Prices

Land registry data shows two sales for 3 FRANKLAND WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 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
2022 15 AUG	£450,000	£462,060	3% below HPI
2015 4 JUN	£305,000	£320,273	5% below HPI

3 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 two 3 FRANKLAND WALK sales from June 2015 and August 2022 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 June 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 FRANKLAND WALK be worth now?

3 FRANKLAND WALK might now be worth an estimated £484,194.

This is based on house price inflation of 7.6%, between August 2022 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for 3 FRANKLAND WALK of £450,000 on 15th August 2022. For the value to have increased from £450,000 to £484,194 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FRANKLAND WALK has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The August 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FRANKLAND WALK has not materially changed since August 2022.

How Large is 3 FRANKLAND WALK?

3 FRANKLAND WALK is 119m², which includes three extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 3 FRANKLAND WALK lies on this distribution: 51% of detached houses houses are smaller than 3 FRANKLAND WALK, and 48% of houses are larger. Note that EPC data is not available for all properties in Ely.

3 FRANKLAND WALK: Plot and Title Map

3 FRANKLAND WALK sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 3 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 3 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 3 FRANKLAND WALK?

3 FRANKLAND WALK is located in ELY, in the CB6 postcode district. The below map shows the position of No. 3 on FRANKLAND WALK.