8, THE RIDGE, SHEFFIELD, S10 4LL - £420,000

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.

8 THE RIDGE is a large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £625,727. It was last sold for £420,000 in June 2017, which was around 62% above the average June 2017 detached price in the Sheffield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

8 THE RIDGE Sold Prices

Land registry data shows two sales for 8 THE RIDGE 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 8 THE RIDGE sales 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
2017 2 JUN	£420,000	£258,671	62% above HPI
1997 10 NOV	£133,500	£80,069	67% above HPI

8 THE RIDGE 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 8 THE RIDGE sales from November 1997 and June 2017 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 1997 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the June 2017 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 8 THE RIDGE be worth now?

8 THE RIDGE might now be worth an estimated £625,727.

This is based on house price inflation of 49%, between June 2017 and May 2026, 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% inflationary increase is applied to the most recent sale price for 8 THE RIDGE of £420,000 on 2nd June 2017. For the value to have increased from £420,000 to £625,727 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 8 THE RIDGE has moved in line with the HPI for detached houses in the Sheffield local authority area.
• The June 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE RIDGE has not materially changed since June 2017.

How Large is 8 THE RIDGE?

8 THE RIDGE is 146m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 8 THE RIDGE lies on this distribution: 71% of detached houses houses are smaller than 8 THE RIDGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sheffield.

8 THE RIDGE: Plot and Title Map

8 THE RIDGE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 8 THE RIDGE, 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 8 THE RIDGE). 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 8 THE RIDGE?

8 THE RIDGE is located in SHEFFIELD, in the S10 postcode district. The below map shows the position of No. 8 on THE RIDGE.