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 GATE is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £248,000 in January 2011, which was around 50% above the average January 2011 detached price in the Blackpool local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 SOVEREIGN GATE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. Both of the two 2 SOVEREIGN GATE 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 21 JAN | £248,000 | £165,217 | 50% above HPI |
1998 19 JUN | £113,800 | £76,206 | 49% above HPI |
The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The two 2 SOVEREIGN GATE sales from June 1998 and January 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 June 1998 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2011 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
2 SOVEREIGN GATE is 105m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 2 SOVEREIGN GATE lies on this distribution: 42% of detached houses are smaller than 2 SOVEREIGN GATE, and 58% of houses are larger. Note that EPC data is not available for all properties in Blackpool.
2 SOVEREIGN GATE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 SOVEREIGN GATE, 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 GATE). 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.
2 SOVEREIGN GATE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 2 on SOVEREIGN GATE.