Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MEDLOCK WAY is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £178,000 in November 2014, which was around 26% below the average November 2014 detached price in the Sheffield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 MEDLOCK WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sheffield local authority area for the corresponding sale date. All of the three 1 MEDLOCK 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 |
---|---|---|---|
2014 14 NOV | £178,000 | £241,194 | 26% below HPI |
2008 24 SEP | £175,000 | £225,225 | 22% below HPI |
1997 1 AUG | £60,000 | £79,878 | 25% below HPI |
The below graph shows the average detached house price in the Sheffield local authority area over time, sourced from the HPI. The three 1 MEDLOCK WAY sales between August 1997 and November 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 September 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
1 MEDLOCK WAY is 99m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Sheffield, based on EPC data. The below chart shows the distribution of detached houses by size in Sheffield, and where 1 MEDLOCK WAY lies on this distribution: 35% of detached houses are smaller than 1 MEDLOCK WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Sheffield.
1 MEDLOCK WAY sits on a plot of roughly 6.7 acres, or 27,245m². The below map shows the location of 1 MEDLOCK 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 1 MEDLOCK 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.
1 MEDLOCK WAY is located in SHEFFIELD, in the S13 postcode district. The below map shows the position of No. 1 on MEDLOCK WAY.