5, FRANKLYN GARDENS, NOTTINGHAM, NG8 3NZ - £175,000

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.

5 FRANKLYN GARDENS is a small extended detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £349,052. It was last sold for £175,000 in September 2012, which was around 8% above the average September 2012 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

5 FRANKLYN GARDENS Sold Prices

Land registry data shows three sales for 5 FRANKLYN GARDENS 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. One of the three 5 FRANKLYN GARDENS sales was for above the average price, whilst two 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
2012 26 SEP	£175,000	£162,425	8% above HPI
2011 27 APR	£118,500	£159,251	26% below HPI
2010 22 NOV	£95,000	£165,697	43% below HPI

5 FRANKLYN GARDENS 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 5 FRANKLYN GARDENS sales between November 2010 and September 2012 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 April 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 FRANKLYN GARDENS be worth now?

5 FRANKLYN GARDENS might now be worth an estimated £349,052.

This is based on house price inflation of 99.5%, between September 2012 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.5% inflationary increase is applied to the most recent sale price for 5 FRANKLYN GARDENS of £175,000 on 26th September 2012. For the value to have increased from £175,000 to £349,052 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FRANKLYN GARDENS has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FRANKLYN GARDENS has not materially changed since September 2012.

How Large is 5 FRANKLYN GARDENS?

5 FRANKLYN GARDENS is 86m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 5 FRANKLYN GARDENS lies on this distribution: 26% of detached houses houses are smaller than 5 FRANKLYN GARDENS, and 73% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 FRANKLYN GARDENS: Plot and Title Map

5 FRANKLYN GARDENS sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 5 FRANKLYN GARDENS, 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 5 FRANKLYN GARDENS). 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 5 FRANKLYN GARDENS?

5 FRANKLYN GARDENS is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 5 on FRANKLYN GARDENS.