8, FRANKLIN CLOSE, WADEBRIDGE, PL27 6BH - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 FRANKLIN CLOSE is a very large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £390,000 in November 2018, which was around 15% above the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

8 FRANKLIN CLOSE Sold Prices

Land registry data shows three sales for 8 FRANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 8 FRANKLIN CLOSE sales were for above the average price, whilst one 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
2018 27 NOV	£390,000	£339,199	15% above HPI
2018 10 OCT	£327,000	£336,290	3% below HPI
1997 12 DEC	£107,950	£85,978	26% above HPI

8 FRANKLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 8 FRANKLIN CLOSE sales between December 1997 and November 2018 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 October 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 FRANKLIN CLOSE?

8 FRANKLIN CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 8 FRANKLIN CLOSE lies on this distribution: 82% of detached houses are smaller than 8 FRANKLIN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

8 FRANKLIN CLOSE: Plot and Title Map

8 FRANKLIN CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 8 FRANKLIN CLOSE, 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 8 FRANKLIN CLOSE). 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 8 FRANKLIN CLOSE?

8 FRANKLIN CLOSE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 8 on FRANKLIN CLOSE.