13, JOHN FRANKLIN WAY, ERPINGHAM, NORWICH, NR11 7AZ - £230,000

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.

13 JOHN FRANKLIN WAY is a very small semi-detached house of 59m², built sometime between 2003 and 2006, which could now be worth an estimated £266,582. It was last sold for £230,000 in August 2021, which was around 6% below the average August 2021 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

13 JOHN FRANKLIN WAY Sold Prices

Land registry data shows two sales for 13 JOHN FRANKLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 13 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
2021 2 AUG	£230,000	£245,517	6% below HPI
2005 31 MAR	£129,995	£131,672	1% below HPI

13 JOHN FRANKLIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 13 JOHN FRANKLIN WAY sales from March 2005 and August 2021 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 March 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 13 JOHN FRANKLIN WAY be worth now?

13 JOHN FRANKLIN WAY might now be worth an estimated £266,582.

This is based on house price inflation of 15.9%, between August 2021 and February 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 13 JOHN FRANKLIN WAY of £230,000 on 2nd August 2021. For the value to have increased from £230,000 to £266,582 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 13 JOHN FRANKLIN WAY has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The August 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 13 JOHN FRANKLIN WAY has not materially changed since August 2021.

How Large is 13 JOHN FRANKLIN WAY?

13 JOHN FRANKLIN WAY is 59m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Erpingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Erpingham, and where 13 JOHN FRANKLIN WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 13 JOHN FRANKLIN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

13 JOHN FRANKLIN WAY: Plot and Title Map

13 JOHN FRANKLIN WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 13 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 13 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 13 JOHN FRANKLIN WAY?

13 JOHN FRANKLIN WAY is located in ERPINGHAM, in the NR11 postcode district. The below map shows the position of No. 13 on JOHN FRANKLIN WAY.