I don't know if the price on that listing is wrong, but 45000GBP ~= $68000. At 700 sqft, that is about $90/sqft. Average price/sqft of central Sheffield homes seems to be $225/sqft (http://www.numbeo.com/cost-of-living/city_result.jsp?country...). The Bay Area's halfway decent neighborhoods are now somewhere north of $500/sqft.
On topic, though, I agree with your statement about the irony. I have family in the UK and the ideas of whether a house is "large" or "small" is completely different compared to the US. Ultimately real estate is local, and my place is small compared to nearby ~2500+ sqft Silicon Valley homes.
2 generations ago, families of 4 lived in 700 sqft houses in the US. We've supersized over the decades.
On topic, though, I agree with your statement about the irony. I have family in the UK and the ideas of whether a house is "large" or "small" is completely different compared to the US. Ultimately real estate is local, and my place is small compared to nearby ~2500+ sqft Silicon Valley homes.
2 generations ago, families of 4 lived in 700 sqft houses in the US. We've supersized over the decades.