4, PENNY ENGINE LANE, ECKINGTON, SHEFFIELD, S21 4BF - £215,000

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.

4 PENNY ENGINE LANE is a midsized detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £324,080. It was last sold for £215,000 in December 2014, which was around 5% above the average December 2014 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

4 PENNY ENGINE LANE Sold Prices

Land registry data shows two sales for 4 PENNY ENGINE 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 North East Derbyshire local authority area for the corresponding sale date. One of the two 4 PENNY ENGINE LANE sales was for above the average price, whilst the other 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
2014 3 DEC	£215,000	£204,870	5% above HPI
2001 20 JUL	£88,000	£94,384	7% below HPI

4 PENNY ENGINE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The two 4 PENNY ENGINE LANE sales from July 2001 and December 2014 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 July 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 PENNY ENGINE LANE be worth now?

4 PENNY ENGINE LANE might now be worth an estimated £324,080.

This is based on house price inflation of 50.7%, between December 2014 and June 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 4 PENNY ENGINE LANE of £215,000 on 3rd December 2014. For the value to have increased from £215,000 to £324,080 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 4 PENNY ENGINE LANE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The December 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNY ENGINE LANE has not materially changed since December 2014.

How Large is 4 PENNY ENGINE LANE?

4 PENNY ENGINE LANE is 114m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses houses in Eckington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eckington, and where 4 PENNY ENGINE LANE lies on this distribution: 56% of detached houses houses are smaller than 4 PENNY ENGINE LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Eckington.

4 PENNY ENGINE LANE: Plot and Title Map

4 PENNY ENGINE LANE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 4 PENNY ENGINE 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 4 PENNY ENGINE 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 4 PENNY ENGINE LANE?

4 PENNY ENGINE LANE is located in ECKINGTON, in the S21 postcode district. The below map shows the position of No. 4 on PENNY ENGINE LANE.