22, FRANKLIN WAY, CHERRY WILLINGHAM, LINCOLN, LN3 4GL - £245,000

22 FRANKLIN WAY is a large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £245,000 in November 2017, which was around 14% above the average November 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

22 FRANKLIN WAY Sold Prices

Land registry data shows two sales for 22 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 22 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 24 NOV	£245,000	£215,405	14% above HPI
2003 27 JUN	£168,995	£134,203	26% above HPI

22 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 22 FRANKLIN WAY sales from June 2003 and November 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 June 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2017 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 22 FRANKLIN WAY?

22 FRANKLIN WAY is 128m² according to the EPC inspection conducted in August 2017. 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 22 FRANKLIN WAY lies on this distribution: 79% of detached houses are smaller than 22 FRANKLIN WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

22 FRANKLIN WAY: Plot and Title Map

22 FRANKLIN WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 22 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 22 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 22 FRANKLIN WAY?

22 FRANKLIN WAY is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 22 on FRANKLIN WAY.