37, FRANCKLIN ROAD, LOWDHAM, NOTTINGHAM, NG14 7BG - £177,000

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.

37 FRANCKLIN ROAD is a very small detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £263,301. It was last sold for £177,000 in July 2015, which was around 25% below the average July 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

37 FRANCKLIN ROAD Sold Prices

Land registry data shows two sales for 37 FRANCKLIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 37 FRANCKLIN ROAD 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
2015 30 JUL	£177,000	£236,622	25% below HPI
1997 22 AUG	£65,000	£81,783	21% below HPI

37 FRANCKLIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 37 FRANCKLIN ROAD sales from August 1997 and July 2015 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 37 FRANCKLIN ROAD be worth now?

37 FRANCKLIN ROAD might now be worth an estimated £263,301.

This is based on house price inflation of 48.8%, between July 2015 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.8% inflationary increase is applied to the most recent sale price for 37 FRANCKLIN ROAD of £177,000 on 30th July 2015. For the value to have increased from £177,000 to £263,301 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 37 FRANCKLIN ROAD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2015 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 37 FRANCKLIN ROAD has not materially changed since July 2015.

How Large is 37 FRANCKLIN ROAD?

37 FRANCKLIN ROAD is 83m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 37 FRANCKLIN ROAD lies on this distribution: 5% of detached houses houses are smaller than 37 FRANCKLIN ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

37 FRANCKLIN ROAD: Plot and Title Map

37 FRANCKLIN ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 37 FRANCKLIN ROAD, 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 37 FRANCKLIN ROAD). 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 37 FRANCKLIN ROAD?

37 FRANCKLIN ROAD is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 37 on FRANCKLIN ROAD.