1, SOVEREIGN CLOSE, HASTINGS, TN34 2UB - £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.

1 SOVEREIGN CLOSE is a very large detached house of 198m², built sometime between 1976 and 1982, which could now be worth an estimated £588,736. It was last sold for £420,000 in April 2016, which was around 19% above the average April 2016 detached price in the Hastings local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

1 SOVEREIGN CLOSE Sold Prices

Land registry data shows two sales for 1 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 1 SOVEREIGN CLOSE 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
2016 6 APR	£420,000	£354,379	19% above HPI
1996 23 JUL	£100,000	£72,146	39% above HPI

1 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The two 1 SOVEREIGN CLOSE sales from July 1996 and April 2016 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 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2016 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 SOVEREIGN CLOSE be worth now?

1 SOVEREIGN CLOSE might now be worth an estimated £588,736.

This is based on house price inflation of 40.2%, between April 2016 and March 2025, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.2% inflationary increase is applied to the most recent sale price for 1 SOVEREIGN CLOSE of £420,000 on 6th April 2016. For the value to have increased from £420,000 to £588,736 over the nine years and one month to March 2025, the following assumptions must hold true:

• The value of 1 SOVEREIGN CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The April 2016 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOVEREIGN CLOSE has not materially changed since April 2016.

How Large is 1 SOVEREIGN CLOSE?

1 SOVEREIGN CLOSE is 198m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 1 SOVEREIGN CLOSE lies on this distribution: 91% of detached houses houses are smaller than 1 SOVEREIGN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Hastings.

1 SOVEREIGN CLOSE: Plot and Title Map

1 SOVEREIGN CLOSE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 1 SOVEREIGN CLOSE, 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 1 SOVEREIGN CLOSE). 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 1 SOVEREIGN CLOSE?

1 SOVEREIGN CLOSE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 1 on SOVEREIGN CLOSE.