1, SPA LANE, SHEFFIELD, S13 7PG - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SPA LANE is a large extended detached house of 163m², built sometime between 2007 and 2011. It was last sold for £360,000 in December 2021, which was around 7% above the average December 2021 detached price in the Sheffield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

1 SPA LANE Sold Prices

Land registry data shows two sales for 1 SPA LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sheffield local authority area for the corresponding sale date. Both of the two 1 SPA LANE 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
2021 20 DEC	£360,000	£335,410	7% above HPI
2014 14 FEB	£240,000	£225,377	6% above HPI

1 SPA LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sheffield local authority area over time, sourced from the HPI. The two 1 SPA LANE sales from February 2014 and December 2021 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 February 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 SPA LANE?

1 SPA LANE is 163m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% 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 SPA LANE lies on this distribution: 79% of detached houses are smaller than 1 SPA LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

1 SPA LANE: Plot and Title Map

1 SPA LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 1 SPA LANE, 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 SPA LANE). 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 1 SPA LANE?

1 SPA LANE is located in SHEFFIELD, in the S13 postcode district. The below map shows the position of No. 1 on SPA LANE.