12, RICHMOND FARM MEWS, SHEFFIELD, S13 8JZ - £115,000

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 RICHMOND FARM MEWS is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £148,334. It was last sold for £115,000 in February 2020, which was around 61% below the average February 2020 detached price in the Sheffield local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

12 RICHMOND FARM MEWS Sold Prices

Land registry data shows three sales for 12 RICHMOND FARM MEWS since 1^st 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 12 RICHMOND FARM MEWS 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
2020 17 FEB	£115,000	£294,371	61% below HPI
2006 11 AUG	£92,000	£218,218	58% below HPI
2001 14 DEC	£43,950	£107,613	59% below HPI

12 RICHMOND FARM MEWS 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 three 12 RICHMOND FARM MEWS sales between December 2001 and February 2020 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 August 2006 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2020 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 12 RICHMOND FARM MEWS be worth now?

12 RICHMOND FARM MEWS might now be worth an estimated £148,334.

This is based on house price inflation of 29%, between February 2020 and February 2025, for detached houses, in the Sheffield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29% inflationary increase is applied to the most recent sale price for 12 RICHMOND FARM MEWS of £115,000 on 17th February 2020. For the value to have increased from £115,000 to £148,334 over the five years to February 2025, the following assumptions must hold true:

• The value of 12 RICHMOND FARM MEWS has moved in line with the HPI for detached houses in the Sheffield local authority area.
• The February 2020 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RICHMOND FARM MEWS has not materially changed since February 2020.

How Large is 12 RICHMOND FARM MEWS?

12 RICHMOND FARM MEWS is 66m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses houses in Sheffield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheffield, and where 12 RICHMOND FARM MEWS lies on this distribution: 6% of detached houses houses are smaller than 12 RICHMOND FARM MEWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

12 RICHMOND FARM MEWS: Plot and Title Map

12 RICHMOND FARM MEWS sits on a plot of roughly 0.533 of an acre, or 2,156m². The below map shows the location of 12 RICHMOND FARM MEWS, 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 12 RICHMOND FARM MEWS). 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 12 RICHMOND FARM MEWS?

12 RICHMOND FARM MEWS is located in SHEFFIELD, in the S13 postcode district. The below map shows the position of No. 12 on RICHMOND FARM MEWS.