284, WOOD LANE, SHEFFIELD, S6 5LQ - £190,000

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.

284 WOOD LANE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £284,071. It was last sold for £190,000 in August 2015, which was around 24% below the average August 2015 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 C.

284 WOOD LANE Sold Prices

Land registry data shows two sales for 284 WOOD LANE 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 284 WOOD 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
2015 14 AUG	£190,000	£249,082	24% below HPI
2002 10 MAY	£91,000	£114,146	20% below HPI

284 WOOD 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 two 284 WOOD LANE sales from May 2002 and August 2015 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 May 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 284 WOOD LANE be worth now?

284 WOOD LANE might now be worth an estimated £284,071.

This is based on house price inflation of 49.5%, between August 2015 and August 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 49.5% inflationary increase is applied to the most recent sale price for 284 WOOD LANE of £190,000 on 14th August 2015. For the value to have increased from £190,000 to £284,071 over the ten years to August 2025, the following assumptions must hold true:

• The value of 284 WOOD LANE has moved in line with the HPI for detached houses in the Sheffield local authority area.
• The August 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 284 WOOD LANE has not materially changed since August 2015.

How Large is 284 WOOD LANE?

284 WOOD LANE is 90m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% 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 284 WOOD LANE lies on this distribution: 26% of detached houses houses are smaller than 284 WOOD LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

284 WOOD LANE: Plot and Title Map

284 WOOD LANE sits on a plot of roughly 2.1 acres, or 8,330m². The below map shows the location of 284 WOOD 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 284 WOOD 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 284 WOOD LANE?

284 WOOD LANE is located in SHEFFIELD, in the S6 postcode district. The below map shows the position of No. 284 on WOOD LANE.