8, RED OAK LANE, STANNINGTON, SHEFFIELD, S6 6BF - £249,950

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

8 RED OAK LANE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £249,950 in June 2019, which was around 13% below the average June 2019 detached price in the Sheffield local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

8 RED OAK LANE Sold Prices

Land registry data shows four sales for 8 RED OAK 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. All of the four 8 RED OAK 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
2019 27 JUN	£249,950	£285,689	13% below HPI
2007 20 APR	£186,000	£228,292	19% below HPI
2003 8 AUG	£110,000	£156,900	30% below HPI
1996 8 NOV	£74,500	£76,406	2% below HPI

8 RED OAK 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 8 RED OAK LANE sales between November 1996 and June 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 April 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 RED OAK LANE?

8 RED OAK LANE is 78m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses in Sheffield, based on EPC data. The below chart shows the distribution of detached houses by size in Sheffield, and where 8 RED OAK LANE lies on this distribution: 16% of detached houses are smaller than 8 RED OAK LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

8 RED OAK LANE: Plot and Title Map

8 RED OAK LANE sits on a plot of roughly 15.5 acres, or 62,887m². The below map shows the location of 8 RED OAK 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 8 RED OAK 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 8 RED OAK LANE?

8 RED OAK LANE is located in STANNINGTON, in the S6 postcode district. The below map shows the position of No. 8 on RED OAK LANE.