172, THE WHEEL, ECCLESFIELD, SHEFFIELD, S35 9ZB - £387,000

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.

172 THE WHEEL is a midsized extended detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £410,424. It was last sold for £387,000 in September 2022, which was around 6% above the average September 2022 detached price in the Sheffield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

172 THE WHEEL Sold Prices

Land registry data shows three sales for 172 THE WHEEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sheffield local authority area for the corresponding sale date. Two of the three 172 THE WHEEL sales were for above the average price, whilst one 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
2022 30 SEP	£387,000	£363,381	6% above HPI
2010 30 JUL	£249,950	£217,974	15% above HPI
2002 15 MAR	£60,000	£111,310	46% below HPI

172 THE WHEEL 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 three 172 THE WHEEL sales between March 2002 and September 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 July 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 172 THE WHEEL be worth now?

172 THE WHEEL might now be worth an estimated £410,424.

This is based on house price inflation of 6.1%, between September 2022 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 6.1% inflationary increase is applied to the most recent sale price for 172 THE WHEEL of £387,000 on 30th September 2022. For the value to have increased from £387,000 to £410,424 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 172 THE WHEEL has moved in line with the HPI for detached houses in the Sheffield local authority area.
• The September 2022 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 172 THE WHEEL has not materially changed since September 2022.

How Large is 172 THE WHEEL?

172 THE WHEEL is 112m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Ecclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Ecclesfield, and where 172 THE WHEEL lies on this distribution: 50% of detached houses are smaller than 172 THE WHEEL, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Ecclesfield.

Where is 172 THE WHEEL?

172 THE WHEEL is located in ECCLESFIELD, in the S35 postcode district.