16, SOVEREIGN GARDENS, SELSTON, NOTTINGHAM, NG16 6DA - £147,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 SOVEREIGN GARDENS is a small detached house of 77m², built sometime from 2007 onwards. It was last sold for £147,500 in August 2017, which was around 21% below the average August 2017 detached price in the Ashfield local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

16 SOVEREIGN GARDENS Sold Prices

Land registry data shows two sales for 16 SOVEREIGN GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 16 SOVEREIGN GARDENS 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
2017 18 AUG	£147,500	£187,601	21% below HPI
2015 2 APR	£140,000	£161,147	13% below HPI

16 SOVEREIGN GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 16 SOVEREIGN GARDENS sales from April 2015 and August 2017 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 April 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 SOVEREIGN GARDENS?

16 SOVEREIGN GARDENS is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 16 SOVEREIGN GARDENS lies on this distribution: 30% of detached houses are smaller than 16 SOVEREIGN GARDENS, and 68% of houses are larger. Note that EPC data is not available for all properties in Selston.

16 SOVEREIGN GARDENS: Plot and Title Map

16 SOVEREIGN GARDENS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 16 SOVEREIGN GARDENS, 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 GARDENS). 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 GARDENS?

16 SOVEREIGN GARDENS is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 16 on SOVEREIGN GARDENS.