2, SOVEREIGN CLOSE, LOWTON, WARRINGTON, WA3 2SZ - £290,000

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 small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £290,000 in March 2024, which was around 2% below the average March 2024 detached price in the Wigan local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

2 SOVEREIGN CLOSE Sold Prices

Land registry data shows five sales for 2 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Most of the five 2 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
2024 5 MAR	£290,000	£297,271	2% below HPI
2019 9 AUG	£250,000	£222,451	12% above HPI
2005 27 MAY	£187,500	£173,919	8% above HPI
2001 17 AUG	£98,000	£89,563	9% above HPI
1998 26 JUN	£86,950	£73,889	18% above HPI

2 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The five 2 SOVEREIGN CLOSE sales between June 1998 and March 2024 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 August 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 SOVEREIGN CLOSE?

2 SOVEREIGN CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses in Golborne, based on EPC data. The below chart shows the distribution of detached houses by size in Golborne, and where 2 SOVEREIGN CLOSE lies on this distribution: 28% of detached houses are smaller than 2 SOVEREIGN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Golborne.

2 SOVEREIGN CLOSE: Plot and Title Map

2 SOVEREIGN CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². 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 LOWTON, in the WA3 postcode district. The below map shows the position of No. 2 on SOVEREIGN CLOSE.