3, FRANKLYNS CLOSE, DERRIFORD, PLYMOUTH, PL6 5JF - £302,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 FRANKLYNS CLOSE is a small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £367,545. It was last sold for £302,000 in September 2020, which was around 7% below the average September 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

3 FRANKLYNS CLOSE Sold Prices

Land registry data shows two sales for 3 FRANKLYNS 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 City of Plymouth local authority area for the corresponding sale date. Both of the two 3 FRANKLYNS CLOSE 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
2020 23 SEP	£302,000	£325,675	7% below HPI
2018 23 JAN	£250,000	£306,976	19% below HPI

3 FRANKLYNS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 3 FRANKLYNS CLOSE sales from January 2018 and September 2020 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 January 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 FRANKLYNS CLOSE be worth now?

3 FRANKLYNS CLOSE might now be worth an estimated £367,545.

This is based on house price inflation of 21.7%, between September 2020 and February 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 3 FRANKLYNS CLOSE of £302,000 on 23rd September 2020. For the value to have increased from £302,000 to £367,545 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 FRANKLYNS CLOSE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The September 2020 sale price of £302,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FRANKLYNS CLOSE has not materially changed since September 2020.

How Large is 3 FRANKLYNS CLOSE?

3 FRANKLYNS CLOSE is 89m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 3 FRANKLYNS CLOSE lies on this distribution: 23% of detached houses houses are smaller than 3 FRANKLYNS CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

3 FRANKLYNS CLOSE: Plot and Title Map

3 FRANKLYNS CLOSE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 3 FRANKLYNS 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 3 FRANKLYNS 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 3 FRANKLYNS CLOSE?

3 FRANKLYNS CLOSE is located in DERRIFORD, in the PL6 postcode district. The below map shows the position of No. 3 on FRANKLYNS CLOSE.