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
427 WOOD LANE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £325,000 in June 2021, which was around 2% above the average June 2021 detached price in the Sheffield local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 427 WOOD LANE 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 427 WOOD LANE sales was for above 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 24 JUN | £325,000 | £320,010 | 2% above HPI |
2015 29 JUN | £170,000 | £239,891 | 29% 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 427 WOOD LANE sales from June 2015 and June 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
427 WOOD LANE is 66m² according to the EPC inspection conducted in February 2015. 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 427 WOOD LANE lies on this distribution: 6% of detached houses are smaller than 427 WOOD LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sheffield.
427 WOOD LANE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 427 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 427 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.
427 WOOD LANE is located in SHEFFIELD, in the S6 postcode district. The below map shows the position of No. 427 on WOOD LANE.