23, SOVEREIGN CLOSE, GRANBOROUGH, BUCKINGHAM, MK18 3DA - £415,000

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

23 SOVEREIGN CLOSE is a very small detached house of 117m², built sometime between 1983 and 1990. It was last sold for £415,000 in September 2016, which was around 40% below the average September 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

23 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 23 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 Buckinghamshire local authority area for the corresponding sale date. All of the three 23 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
2016 5 SEP	£415,000	£695,216	40% below HPI
1997 19 DEC	£155,000	£196,048	21% below HPI
1995 20 DEC	£136,500	£150,764	9% below HPI

23 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 three 23 SOVEREIGN CLOSE sales between December 1995 and September 2016 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 23 SOVEREIGN CLOSE?

23 SOVEREIGN CLOSE is 117m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Granborough, based on EPC data. The below chart shows the distribution of detached houses by size in Granborough, and where 23 SOVEREIGN CLOSE lies on this distribution: 19% of detached houses are smaller than 23 SOVEREIGN CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Granborough.

23 SOVEREIGN CLOSE: Plot and Title Map

23 SOVEREIGN CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 23 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 23 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 23 SOVEREIGN CLOSE?

23 SOVEREIGN CLOSE is located in GRANBOROUGH, in the MK18 postcode district. The below map shows the position of No. 23 on SOVEREIGN CLOSE.