38, LUKE LANE, SHEFFIELD, S6 4BP - £231,000

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

38 LUKE LANE is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £231,000 in November 2021, which was around 31% below the average November 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.

38 LUKE LANE Sold Prices

Land registry data shows three sales for 38 LUKE LANE 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 38 LUKE LANE 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
2021 26 NOV	£231,000	£335,182	31% below HPI
2008 16 JUN	£176,000	£233,457	25% below HPI
2006 5 JUL	£165,000	£216,399	24% below HPI

38 LUKE 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 three 38 LUKE LANE sales between July 2006 and November 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 June 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 LUKE LANE?

38 LUKE LANE is 66m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Sheffield, based on EPC data. The below chart shows the distribution of detached houses by size in Sheffield, and where 38 LUKE LANE lies on this distribution: 6% of detached houses are smaller than 38 LUKE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

38 LUKE LANE: Plot and Title Map

38 LUKE LANE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 38 LUKE 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 38 LUKE 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 38 LUKE LANE?

38 LUKE LANE is located in SHEFFIELD, in the S6 postcode district. The below map shows the position of No. 38 on LUKE LANE.