48, RIDGE VIEW DRIVE, SHEFFIELD, S9 1EF - £133,000

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.

48 RIDGE VIEW DRIVE is a small terraced house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £189,444. It was last sold for £133,000 in August 2018, which was around 5% below the average August 2018 terraced price in the Sheffield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

48 RIDGE VIEW DRIVE Sold Prices

Land registry data shows four sales for 48 RIDGE VIEW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Sheffield local authority area for the corresponding sale date. two of the four 48 RIDGE VIEW DRIVE sales were for below the average price, and four were 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
2018 3 AUG	£133,000	£140,046	5% below HPI
2007 10 AUG	£121,500	£123,172	1% below HPI
2004 24 MAY	£94,950	£85,233	11% above HPI
2003 28 FEB	£73,950	£61,253	21% above HPI

48 RIDGE VIEW DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sheffield local authority area over time, sourced from the HPI. The four 48 RIDGE VIEW DRIVE sales between February 2003 and August 2018 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 August 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 48 RIDGE VIEW DRIVE be worth now?

48 RIDGE VIEW DRIVE might now be worth an estimated £189,444.

This is based on house price inflation of 42.4%, between August 2018 and May 2026, for terraced 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 42.4% inflationary increase is applied to the most recent sale price for 48 RIDGE VIEW DRIVE of £133,000 on 3rd August 2018. For the value to have increased from £133,000 to £189,444 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 48 RIDGE VIEW DRIVE has moved in line with the HPI for terraced houses in the Sheffield local authority area.
• The August 2018 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 48 RIDGE VIEW DRIVE has not materially changed since August 2018.

How Large is 48 RIDGE VIEW DRIVE?

48 RIDGE VIEW DRIVE is 102m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of terraced houses houses in Sheffield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sheffield, and where 48 RIDGE VIEW DRIVE lies on this distribution: 38% of terraced houses houses are smaller than 48 RIDGE VIEW DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

48 RIDGE VIEW DRIVE: Plot and Title Map

48 RIDGE VIEW DRIVE sits on a plot of roughly 2.5 acres, or 10,063m². The below map shows the location of 48 RIDGE VIEW DRIVE, 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 48 RIDGE VIEW DRIVE). 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 48 RIDGE VIEW DRIVE?

48 RIDGE VIEW DRIVE is located in SHEFFIELD, in the S9 postcode district. The below map shows the position of No. 48 on RIDGE VIEW DRIVE.