4, FRANKLIN PLACE, STOTFOLD, HITCHIN, SG5 4GT - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 FRANKLIN PLACE is a large detached house of 142m². It was last sold for £540,000 in September 2015, which was around 30% above the average September 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was B, and the potential energy rating was B.

4 FRANKLIN PLACE Sold Prices

Land registry data shows two sales for 4 FRANKLIN PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 4 FRANKLIN PLACE 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
2015 25 SEP	£540,000	£413,931	30% above HPI
2010 12 NOV	£424,995	£323,945	31% above HPI

4 FRANKLIN PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 4 FRANKLIN PLACE sales from November 2010 and September 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 November 2010 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 4 FRANKLIN PLACE?

4 FRANKLIN PLACE is 142m² according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 4 FRANKLIN PLACE lies on this distribution: 65% of detached houses are smaller than 4 FRANKLIN PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

4 FRANKLIN PLACE: Plot and Title Map

4 FRANKLIN PLACE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 4 FRANKLIN PLACE, 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 PLACE). 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 PLACE?

4 FRANKLIN PLACE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 4 on FRANKLIN PLACE.