4, FRANKLIN CLOSE, NOTTINGHAM, NG5 8SG - £115,000

4 FRANKLIN CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £115,000 in May 2009, which was around 3% below the average May 2009 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

4 FRANKLIN CLOSE Sold Prices

Land registry data shows three sales for 4 FRANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 4 FRANKLIN 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
2009 15 MAY	£115,000	£117,984	3% below HPI
2006 3 MAR	£125,000	£136,253	8% below HPI
2002 14 OCT	£99,000	£106,839	7% below HPI

4 FRANKLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 4 FRANKLIN CLOSE sales between October 2002 and May 2009 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 March 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2009 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 FRANKLIN CLOSE?

4 FRANKLIN CLOSE is 69m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 4 FRANKLIN CLOSE lies on this distribution: 9% of detached houses are smaller than 4 FRANKLIN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

4 FRANKLIN CLOSE: Plot and Title Map

4 FRANKLIN CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 4 FRANKLIN 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 4 FRANKLIN 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 4 FRANKLIN CLOSE?

4 FRANKLIN CLOSE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 4 on FRANKLIN CLOSE.