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

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

3 FRANKLAND WALK is a midsized extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £450,000 in August 2022, which was around 1% above 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. One of the two 3 FRANKLAND WALK sales was for above the average price, whilst the other was 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	£445,018	1% above HPI
2015 4 JUN	£305,000	£308,461	1% 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

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 in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 3 FRANKLAND WALK lies on this distribution: 52% of detached 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.