12, FRANKLIN DRIVE, ELSENHAM, BISHOP'S STORTFORD, CM22 6UG - £390,000

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.

12 FRANKLIN DRIVE is a small detached house of 96m², which could now be worth an estimated £458,660. It was last sold for £390,000 in February 2017, which was around 36% below the average February 2017 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

12 FRANKLIN DRIVE Sold Prices

Land registry data shows one sale for 12 FRANKLIN DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 FEB	£390,000	£609,928	36% below HPI

What might 12 FRANKLIN DRIVE be worth now?

12 FRANKLIN DRIVE might now be worth an estimated £458,660.

This is based on house price inflation of 17.6%, between February 2017 and March 2026, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 12 FRANKLIN DRIVE of £390,000 on 24th February 2017. For the value to have increased from £390,000 to £458,660 over the eight years and eleven months to March 2026, the following assumptions must hold true:

• The value of 12 FRANKLIN DRIVE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The February 2017 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FRANKLIN DRIVE has not materially changed since February 2017.

How Large is 12 FRANKLIN DRIVE?

12 FRANKLIN DRIVE is 96m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 12 FRANKLIN DRIVE lies on this distribution: 26% of detached houses are smaller than 12 FRANKLIN DRIVE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Elsenham.

12 FRANKLIN DRIVE: Plot

12 FRANKLIN DRIVE sits on a plot of roughly 0.056 of an acre, or 227m².

Where is 12 FRANKLIN DRIVE?

12 FRANKLIN DRIVE is located in ELSENHAM, in the CM22 postcode district.