11, PENNY ENGINE LANE, ECKINGTON, SHEFFIELD, S21 4BF - £120,000

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.

11 PENNY ENGINE LANE is a detached house, which could now be worth an estimated £297,236. It was last sold for £120,000 in August 2003, which was around 14% below the average August 2003 detached price in the North East Derbyshire local authority area.

11 PENNY ENGINE LANE Sold Prices

Land registry data shows three sales for 11 PENNY ENGINE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 11 PENNY ENGINE 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
2003 1 AUG	£120,000	£140,322	14% below HPI
1999 19 FEB	£69,500	£78,732	12% below HPI
1995 9 JUN	£60,000	£69,886	14% below HPI

What might 11 PENNY ENGINE LANE be worth now?

11 PENNY ENGINE LANE might now be worth an estimated £297,236.

This is based on house price inflation of 147.7%, between August 2003 and May 2026, 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 147.7% inflationary increase is applied to the most recent sale price for 11 PENNY ENGINE LANE of £120,000 on 1st August 2003. For the value to have increased from £120,000 to £297,236 over the 23 years and three months to May 2026, the following assumptions must hold true:

• The value of 11 PENNY ENGINE LANE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The August 2003 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PENNY ENGINE LANE has not materially changed since August 2003.

Where is 11 PENNY ENGINE LANE?

11 PENNY ENGINE LANE is located in ECKINGTON, in the S21 postcode district.