4, FRANKS ROAD, WALCOTE, LUTTERWORTH, LE17 4JX - £208,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 FRANKS ROAD is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £208,000 in September 2016, which was around 41% below the average September 2016 detached price in the Harborough local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 FRANKS ROAD Sold Prices

Land registry data shows four sales for 4 FRANKS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 4 FRANKS 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
2016 16 SEP	£208,000	£354,235	41% below HPI
2014 13 AUG	£177,000	£318,115	44% below HPI
2004 21 MAY	£135,000	£238,550	43% below HPI
2001 19 FEB	£87,500	£136,547	36% below HPI

4 FRANKS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The four 4 FRANKS ROAD sales between February 2001 and September 2016 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 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2016 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 FRANKS ROAD?

4 FRANKS ROAD is 84m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Walcote, based on EPC data. The below chart shows the distribution of detached houses by size in Walcote, and where 4 FRANKS ROAD lies on this distribution: 6% of detached houses are smaller than 4 FRANKS ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Walcote.

4 FRANKS ROAD: Plot and Title Map

4 FRANKS ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 4 FRANKS 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 4 FRANKS 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 4 FRANKS ROAD?

4 FRANKS ROAD is located in WALCOTE, in the LE17 postcode district. The below map shows the position of No. 4 on FRANKS ROAD.