2, SOVEREIGN CLOSE, GRANBOROUGH, BUCKINGHAM, MK18 3DA - £400,000

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

2 SOVEREIGN CLOSE is a large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £400,000 in October 2015, which was around 37% below the average October 2015 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was D.

2 SOVEREIGN CLOSE Sold Prices

Land registry data shows four sales for 2 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 Buckinghamshire local authority area for the corresponding sale date. All of the four 2 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
2015 16 OCT	£400,000	£636,778	37% below HPI
2002 11 DEC	£275,000	£364,807	25% below HPI
1998 30 JAN	£158,450	£199,535	21% below HPI
1995 30 JUN	£145,000	£150,552	4% below HPI

2 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 2 SOVEREIGN CLOSE sales between June 1995 and October 2015 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 December 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 SOVEREIGN CLOSE?

2 SOVEREIGN CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 40% of detached houses in Granborough, based on EPC data. The below chart shows the distribution of detached houses by size in Granborough, and where 2 SOVEREIGN CLOSE lies on this distribution: 61% of detached houses are smaller than 2 SOVEREIGN CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Granborough.

2 SOVEREIGN CLOSE: Plot and Title Map

2 SOVEREIGN CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 2 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 2 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 2 SOVEREIGN CLOSE?

2 SOVEREIGN CLOSE is located in GRANBOROUGH, in the MK18 postcode district. The below map shows the position of No. 2 on SOVEREIGN CLOSE.