4, FRANKLIN DRIVE, TOLLERTON, NOTTINGHAM, NG12 4ER - £285,000

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.

4 FRANKLIN DRIVE is a midsized extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £498,538. It was last sold for £285,000 in June 2013, which was about the average June 2013 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

4 FRANKLIN DRIVE Sold Prices

Land registry data shows two sales for 4 FRANKLIN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two 4 FRANKLIN DRIVE sales was roughly equal to 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
2013 14 JUN	£285,000	£285,973	Close to HPI
2005 26 MAY	£220,000	£252,667	13% below HPI

4 FRANKLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 4 FRANKLIN DRIVE sales from May 2005 and June 2013 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 May 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 FRANKLIN DRIVE be worth now?

4 FRANKLIN DRIVE might now be worth an estimated £498,538.

This is based on house price inflation of 74.9%, between June 2013 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.9% inflationary increase is applied to the most recent sale price for 4 FRANKLIN DRIVE of £285,000 on 14th June 2013. For the value to have increased from £285,000 to £498,538 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 4 FRANKLIN DRIVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2013 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FRANKLIN DRIVE has not materially changed since June 2013.

How Large is 4 FRANKLIN DRIVE?

4 FRANKLIN DRIVE is 138m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Tollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tollerton, and where 4 FRANKLIN DRIVE lies on this distribution: 59% of detached houses houses are smaller than 4 FRANKLIN DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Tollerton.

4 FRANKLIN DRIVE: Plot and Title Map

4 FRANKLIN DRIVE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 4 FRANKLIN DRIVE, 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 DRIVE). 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 DRIVE?

4 FRANKLIN DRIVE is located in TOLLERTON, in the NG12 postcode district. The below map shows the position of No. 4 on FRANKLIN DRIVE.