18, FRANKLIN WAY, CHERRY WILLINGHAM, LINCOLN, LN3 4GL - £240,000

18 FRANKLIN WAY is a large detached house of 126m², built sometime between 2003 and 2006. It was last sold for £240,000 in July 2017, which was around 10% above the average July 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

18 FRANKLIN WAY Sold Prices

Land registry data shows two sales for 18 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 West Lindsey local authority area for the corresponding sale date. Both of the two 18 FRANKLIN WAY sales were 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
2017 7 JUL	£240,000	£217,884	10% above HPI
2003 30 MAY	£162,995	£134,892	21% above HPI

18 FRANKLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 18 FRANKLIN WAY sales from May 2003 and July 2017 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 May 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 18 FRANKLIN WAY?

18 FRANKLIN WAY is 126m² according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 18 FRANKLIN WAY lies on this distribution: 78% of detached houses are smaller than 18 FRANKLIN WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

18 FRANKLIN WAY: Plot and Title Map

18 FRANKLIN WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 18 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 18 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 18 FRANKLIN WAY?

18 FRANKLIN WAY is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 18 on FRANKLIN WAY.