11, SOVEREIGN WAY, WORKSOP, S81 7TE - £280,000

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 SOVEREIGN WAY is a midsized detached house of 115m², which could now be worth an estimated £330,989. It was last sold for £280,000 in July 2021, which was around 9% above the average July 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

11 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 11 SOVEREIGN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Both of the two 11 SOVEREIGN WAY 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
2021 29 JUL	£280,000	£257,985	9% above HPI
2018 23 JUL	£269,995	£220,662	22% above HPI

11 SOVEREIGN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two 11 SOVEREIGN WAY sales from July 2018 and July 2021 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 2018 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 11 SOVEREIGN WAY be worth now?

11 SOVEREIGN WAY might now be worth an estimated £330,989.

This is based on house price inflation of 18.2%, between July 2021 and March 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for 11 SOVEREIGN WAY of £280,000 on 29th July 2021. For the value to have increased from £280,000 to £330,989 over the four years and four months to March 2025, the following assumptions must hold true:

• The value of 11 SOVEREIGN WAY has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The July 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SOVEREIGN WAY has not materially changed since July 2021.

How Large is 11 SOVEREIGN WAY?

11 SOVEREIGN WAY is 115m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worksop, and where 11 SOVEREIGN WAY lies on this distribution: 54% of detached houses houses are smaller than 11 SOVEREIGN WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Worksop.

11 SOVEREIGN WAY: Plot and Title Map

11 SOVEREIGN WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 11 SOVEREIGN WAY, 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 WAY). 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 WAY?

11 SOVEREIGN WAY is located in WORKSOP, in the S81 postcode district. The below map shows the position of No. 11 on SOVEREIGN WAY.