11, SOVEREIGN CLOSE, TOTTON, SOUTHAMPTON, SO40 8XP - £545,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 SOVEREIGN CLOSE is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £545,000 in May 2022, which was around 6% below the average May 2022 detached price in the New Forest local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

11 SOVEREIGN CLOSE Sold Prices

Land registry data shows four sales for 11 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four 11 SOVEREIGN CLOSE 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
2022 5 MAY	£545,000	£582,390	6% below HPI
2015 30 OCT	£401,000	£419,902	5% below HPI
2012 17 AUG	£285,000	£344,713	17% below HPI
1999 17 DEC	£184,000	£157,204	17% above HPI

11 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 11 SOVEREIGN CLOSE sales between December 1999 and May 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 October 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 SOVEREIGN CLOSE?

11 SOVEREIGN CLOSE is 120m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 11 SOVEREIGN CLOSE lies on this distribution: 73% of detached houses are smaller than 11 SOVEREIGN CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Totton.

11 SOVEREIGN CLOSE: Plot and Title Map

11 SOVEREIGN CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 11 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 11 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 11 SOVEREIGN CLOSE?

11 SOVEREIGN CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 11 on SOVEREIGN CLOSE.