31, FRANKLIN WAY, WHETSTONE, LEICESTER, LE8 6QY - £360,000

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

31 FRANKLIN WAY is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £360,000 in July 2014, which was around 51% above the average July 2014 detached price in the Blaby local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

31 FRANKLIN WAY Sold Prices

Land registry data shows two sales for 31 FRANKLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 31 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
2014 30 JUL	£360,000	£237,913	51% above HPI
1997 10 JUL	£138,995	£84,225	65% above HPI

31 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 two 31 FRANKLIN WAY sales from July 1997 and July 2014 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 1997 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2014 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 31 FRANKLIN WAY?

31 FRANKLIN WAY is 162m² according to the EPC inspection conducted in April 2014. 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 31 FRANKLIN WAY lies on this distribution: 85% of detached houses are smaller than 31 FRANKLIN WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

31 FRANKLIN WAY: Plot and Title Map

31 FRANKLIN WAY sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 31 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 31 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 31 FRANKLIN WAY?

31 FRANKLIN WAY is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 31 on FRANKLIN WAY.