388, WOOD LANE, SHEFFIELD, S6 5LR - £370,000

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

388 WOOD LANE is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £370,000 in March 2019, which was around 30% above the average March 2019 detached price in the Sheffield local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

388 WOOD LANE Sold Prices

Land registry data shows three sales for 388 WOOD 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. Two of the three 388 WOOD LANE sales were for above the average price, whilst one 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
2019 28 MAR	£370,000	£283,987	30% above HPI
2014 4 JUL	£100,000	£230,305	57% below HPI
1997 27 JUN	£107,500	£78,269	37% above HPI

388 WOOD 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 388 WOOD LANE sales between June 1997 and March 2019 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 July 2014 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the March 2019 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 388 WOOD LANE?

388 WOOD LANE is 128m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 388 WOOD LANE lies on this distribution: 61% of detached houses are smaller than 388 WOOD LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

388 WOOD LANE: Plot and Title Map

388 WOOD LANE sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 388 WOOD 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 388 WOOD 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 388 WOOD LANE?

388 WOOD LANE is located in SHEFFIELD, in the S6 postcode district. The below map shows the position of No. 388 on WOOD LANE.