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
387 RICHMOND ROAD is a very large extended detached house of 191m², built sometime between 1950 and 1966. It was last sold for £335,000 in December 2021, which was about the average December 2021 detached price in the Sheffield local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 387 RICHMOND ROAD since 1st 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. One of the two 387 RICHMOND ROAD sales was roughly equal to the average price, whilst the other was 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 17 DEC | £335,000 | £335,410 | Close to HPI |
2020 20 JAN | £150,000 | £295,001 | 49% below HPI |
The below graph shows the average detached house price in the Sheffield local authority area over time, sourced from the HPI. The two 387 RICHMOND ROAD sales from January 2020 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 January 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
387 RICHMOND ROAD is 191m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Sheffield, based on EPC data. The below chart shows the distribution of detached houses by size in Sheffield, and where 387 RICHMOND ROAD lies on this distribution: 87% of detached houses are smaller than 387 RICHMOND ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Sheffield.
387 RICHMOND ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 387 RICHMOND ROAD, 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 387 RICHMOND ROAD). 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.
387 RICHMOND ROAD is located in SHEFFIELD, in the S13 postcode district. The below map shows the position of No. 387 on RICHMOND ROAD.