45, THE MEADS, SHEFFIELD, S8 8JD - £485,000

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.

45 THE MEADS is a midsized extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £519,451. It was last sold for £485,000 in August 2022, which was around 37% above the average August 2022 detached price in the Sheffield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

45 THE MEADS Sold Prices

Land registry data shows two sales for 45 THE MEADS since 1^st 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. Both of the two 45 THE MEADS sales were for above 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
2022 19 AUG	£485,000	£354,516	37% above HPI
2003 26 SEP	£188,000	£155,440	21% above HPI

45 THE MEADS 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 two 45 THE MEADS sales from September 2003 and August 2022 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 September 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 45 THE MEADS be worth now?

45 THE MEADS might now be worth an estimated £519,451.

This is based on house price inflation of 7.1%, between August 2022 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 7.1% inflationary increase is applied to the most recent sale price for 45 THE MEADS of £485,000 on 19th August 2022. For the value to have increased from £485,000 to £519,451 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 45 THE MEADS has moved in line with the HPI for detached houses in the Sheffield local authority area.
• The August 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 45 THE MEADS has not materially changed since August 2022.

How Large is 45 THE MEADS?

45 THE MEADS is 110m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% 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 45 THE MEADS lies on this distribution: 46% of detached houses houses are smaller than 45 THE MEADS, and 54% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

45 THE MEADS: Plot and Title Map

45 THE MEADS sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 45 THE MEADS, 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 45 THE MEADS). 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 45 THE MEADS?

45 THE MEADS is located in SHEFFIELD, in the S8 postcode district. The below map shows the position of No. 45 on THE MEADS.