16, SOVEREIGN CLOSE, BOURNEMOUTH, BH7 7RP - £415,000

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.

16 SOVEREIGN CLOSE is a very large detached house of 157m², built sometime between 1983 and 1990, which could now be worth an estimated £710,792. It was last sold for £415,000 in June 2011, which was around 24% above the average June 2011 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

16 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 16 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the three 16 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
2011 22 JUN	£415,000	£335,912	24% above HPI
2007 14 SEP	£365,000	£355,121	3% above HPI
2002 24 JUN	£259,000	£221,434	17% above HPI

16 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The three 16 SOVEREIGN CLOSE sales between June 2002 and June 2011 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 September 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2011 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 16 SOVEREIGN CLOSE be worth now?

16 SOVEREIGN CLOSE might now be worth an estimated £710,792.

This is based on house price inflation of 71.3%, between June 2011 and June 2025, for detached houses, in the Bournemouth Christchurch and Poole local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.3% inflationary increase is applied to the most recent sale price for 16 SOVEREIGN CLOSE of £415,000 on 22nd June 2011. For the value to have increased from £415,000 to £710,792 over the fourteen years to June 2025, the following assumptions must hold true:

• The value of 16 SOVEREIGN CLOSE has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The June 2011 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SOVEREIGN CLOSE has not materially changed since June 2011.

How Large is 16 SOVEREIGN CLOSE?

16 SOVEREIGN CLOSE is 157m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bournemouth, and where 16 SOVEREIGN CLOSE lies on this distribution: 83% of detached houses houses are smaller than 16 SOVEREIGN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

16 SOVEREIGN CLOSE: Plot and Title Map

16 SOVEREIGN CLOSE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 16 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 16 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 16 SOVEREIGN CLOSE?

16 SOVEREIGN CLOSE is located in BOURNEMOUTH, in the BH7 postcode district. The below map shows the position of No. 16 on SOVEREIGN CLOSE.