6, JOHN FRANKLIN WAY, ERPINGHAM, NORWICH, NR11 7AZ - £275,000

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

6 JOHN FRANKLIN WAY is a very small semi-detached house of 72m², built sometime between 2003 and 2006. It was last sold for £275,000 in March 2023, which was around 36% below the average March 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

6 JOHN FRANKLIN WAY Sold Prices

Land registry data shows five sales for 6 JOHN FRANKLIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 6 JOHN FRANKLIN WAY 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
2023 30 MAR	£275,000	£426,489	36% below HPI
2016 22 NOV	£180,500	£309,009	42% below HPI
2010 10 SEP	£153,000	£241,414	37% below HPI
2006 22 AUG	£163,500	£230,390	29% below HPI
2005 30 JUN	£161,995	£219,648	26% below HPI

6 JOHN FRANKLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The five 6 JOHN FRANKLIN WAY sales between June 2005 and March 2023 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 6 JOHN FRANKLIN WAY?

6 JOHN FRANKLIN WAY is 72m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses by size in Erpingham, and where 6 JOHN FRANKLIN WAY lies on this distribution: 3% of detached houses are smaller than 6 JOHN FRANKLIN WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

6 JOHN FRANKLIN WAY: Plot and Title Map

6 JOHN FRANKLIN WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 6 JOHN FRANKLIN WAY, 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 6 JOHN FRANKLIN WAY). 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 6 JOHN FRANKLIN WAY?

6 JOHN FRANKLIN WAY is located in ERPINGHAM, in the NR11 postcode district. The below map shows the position of No. 6 on JOHN FRANKLIN WAY.