16, RICHARDS WAY, RAWMARSH, ROTHERHAM, S62 5QU - £120,000

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.

16 RICHARDS WAY is a small extended terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £145,357. It was last sold for £120,000 in January 2022, which was around 4% below the average January 2022 terraced price in the Rotherham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

16 RICHARDS WAY Sold Prices

Land registry data shows three sales for 16 RICHARDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rotherham local authority area for the corresponding sale date. Two of the three 16 RICHARDS WAY sales were for below the average price, whilst one was 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 21 JAN	£120,000	£124,467	4% below HPI
2006 28 SEP	£80,000	£92,268	13% below HPI
1999 5 MAR	£41,000	£30,516	34% above HPI

16 RICHARDS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rotherham local authority area over time, sourced from the HPI. The three 16 RICHARDS WAY sales between March 1999 and January 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 RICHARDS WAY be worth now?

16 RICHARDS WAY might now be worth an estimated £145,357.

This is based on house price inflation of 21.1%, between January 2022 and May 2026, for terraced houses, in the Rotherham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 16 RICHARDS WAY of £120,000 on 21st January 2022. For the value to have increased from £120,000 to £145,357 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 16 RICHARDS WAY has moved in line with the HPI for terraced houses in the Rotherham local authority area.
• The January 2022 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RICHARDS WAY has not materially changed since January 2022.

How Large is 16 RICHARDS WAY?

16 RICHARDS WAY is 91m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of terraced houses houses in Rawmarsh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rawmarsh, and where 16 RICHARDS WAY lies on this distribution: 32% of terraced houses houses are smaller than 16 RICHARDS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Rawmarsh.

16 RICHARDS WAY: Plot and Title Map

16 RICHARDS WAY sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 16 RICHARDS WAY, 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 16 RICHARDS WAY). 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 16 RICHARDS WAY?

16 RICHARDS WAY is located in RAWMARSH, in the S62 postcode district. The below map shows the position of No. 16 on RICHARDS WAY.