498, RIDGEWAY ROAD, SHEFFIELD, S12 2JX - £135,000

498 RIDGEWAY ROAD is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £135,000 in August 2022, which was around 63% below the average August 2022 detached price in the Sheffield local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

498 RIDGEWAY ROAD Sold Prices

Land registry data shows two sales for 498 RIDGEWAY ROAD 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 498 RIDGEWAY ROAD 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
2022 26 AUG	£135,000	£360,933	63% below HPI
2018 30 NOV	£150,000	£284,737	47% below HPI

498 RIDGEWAY ROAD 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 498 RIDGEWAY ROAD sales from November 2018 and August 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 November 2018 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2022 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 498 RIDGEWAY ROAD?

498 RIDGEWAY ROAD is 84m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Sheffield, based on EPC data. The below chart shows the distribution of detached houses by size in Sheffield, and where 498 RIDGEWAY ROAD lies on this distribution: 21% of detached houses are smaller than 498 RIDGEWAY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

498 RIDGEWAY ROAD: Plot and Title Map

498 RIDGEWAY ROAD sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 498 RIDGEWAY ROAD, 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 498 RIDGEWAY ROAD). 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 498 RIDGEWAY ROAD?

498 RIDGEWAY ROAD is located in SHEFFIELD, in the S12 postcode district. The below map shows the position of No. 498 on RIDGEWAY ROAD.