5, WELL LANE, GRENOSIDE, SHEFFIELD, S35 8RJ - £437,000

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.

5 WELL LANE is a very large extended detached house of 149m², built sometime before 1900, which could now be worth an estimated £524,650. It was last sold for £437,000 in June 2021, which was around 38% above the average June 2021 detached price in the Sheffield local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

5 WELL LANE Sold Prices

Land registry data shows four sales for 5 WELL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sheffield local authority area for the corresponding sale date. Two of the four 5 WELL 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
2021 18 JUN	£437,000	£316,887	38% above HPI
2014 17 OCT	£347,500	£238,585	46% above HPI
2006 1 DEC	£225,000	£223,889	Close to HPI
2001 6 JUL	£90,000	£103,936	13% below HPI

5 WELL 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 four 5 WELL LANE sales between July 2001 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 October 2014 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 5 WELL LANE be worth now?

5 WELL LANE might now be worth an estimated £524,650.

This is based on house price inflation of 20.1%, between June 2021 and March 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 20.1% inflationary increase is applied to the most recent sale price for 5 WELL LANE of £437,000 on 18th June 2021. For the value to have increased from £437,000 to £524,650 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 5 WELL LANE has moved in line with the HPI for detached houses in the Sheffield local authority area.
• The June 2021 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WELL LANE has not materially changed since June 2021.

How Large is 5 WELL LANE?

5 WELL LANE is 149m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses houses in Grenoside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grenoside, and where 5 WELL LANE lies on this distribution: 81% of detached houses houses are smaller than 5 WELL LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Grenoside.

5 WELL LANE: Plot and Title Map

5 WELL LANE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 5 WELL 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 WELL 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 5 WELL LANE?

5 WELL LANE is located in GRENOSIDE, in the S35 postcode district. The below map shows the position of No. 5 on WELL LANE.