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
5 CROSS LANE is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £175,000 in January 2018, which was around 35% below the average January 2018 detached price in the Sheffield local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 CROSS 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. Both of the two 5 CROSS 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 |
---|---|---|---|
2018 5 JAN | £175,000 | £269,334 | 35% below HPI |
2014 12 DEC | £140,000 | £242,370 | 42% 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 5 CROSS LANE sales from December 2014 and January 2018 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 December 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
5 CROSS LANE is 86m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Stocksbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stocksbridge, and where 5 CROSS LANE lies on this distribution: 32% of detached houses are smaller than 5 CROSS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stocksbridge.
5 CROSS LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 5 CROSS 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 5 CROSS 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.
5 CROSS LANE is located in STOCKSBRIDGE, in the S36 postcode district. The below map shows the position of No. 5 on CROSS LANE.