24, FRANKLIN WAY, CHERRY WILLINGHAM, LINCOLN, LN3 4GL - £203,000

24 FRANKLIN WAY is a very large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £203,000 in January 2014, which was around 7% above the average January 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

24 FRANKLIN WAY Sold Prices

Land registry data shows two sales for 24 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 24 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
2014 31 JAN	£203,000	£190,386	7% above HPI
2003 27 JUN	£181,995	£134,203	36% above HPI

24 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 24 FRANKLIN WAY sales from June 2003 and January 2014 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 24 FRANKLIN WAY?

24 FRANKLIN WAY is 131m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 24 FRANKLIN WAY lies on this distribution: 81% of detached houses are smaller than 24 FRANKLIN WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

24 FRANKLIN WAY: Plot and Title Map

24 FRANKLIN WAY sits on a plot of roughly 0.176 of an acre, or 710m². The below map shows the location of 24 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 24 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 24 FRANKLIN WAY?

24 FRANKLIN WAY is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 24 on FRANKLIN WAY.