8, FRANKLIN WAY, WHETSTONE, LEICESTER, LE8 6QY - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FRANKLIN WAY is a midsized extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £386,513. It was last sold for £310,000 in March 2020, which was around 2% below the average March 2020 detached price in the Blaby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

8 FRANKLIN WAY Sold Prices

Land registry data shows two sales for 8 FRANKLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. One of the two 8 FRANKLIN WAY sales was for below the average price, whilst the other was 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
2020 27 MAR	£310,000	£316,483	2% below HPI
1996 9 AUG	£95,000	£76,593	24% above HPI

8 FRANKLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 8 FRANKLIN WAY sales from August 1996 and March 2020 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 1996 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 FRANKLIN WAY be worth now?

8 FRANKLIN WAY might now be worth an estimated £386,513.

This is based on house price inflation of 24.7%, between March 2020 and December 2024, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 8 FRANKLIN WAY of £310,000 on 27th March 2020. For the value to have increased from £310,000 to £386,513 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 8 FRANKLIN WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The March 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FRANKLIN WAY has not materially changed since March 2020.

How Large is 8 FRANKLIN WAY?

8 FRANKLIN WAY is 113m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 8 FRANKLIN WAY lies on this distribution: 43% of detached houses houses are smaller than 8 FRANKLIN WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

8 FRANKLIN WAY: Plot and Title Map

8 FRANKLIN WAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 8 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 8 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 8 FRANKLIN WAY?

8 FRANKLIN WAY is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 8 on FRANKLIN WAY.