4, SOVEREIGN CLOSE, GRANBOROUGH, BUCKINGHAM, MK18 3DA - £250,000

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

4 SOVEREIGN CLOSE is a midsized extended detached house of 132m², built sometime between 1991 and 1995. It was last sold for £250,000 in December 2003, which was around 34% below the average December 2003 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

4 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 4 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 4 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
2003 22 DEC	£250,000	£381,214	34% below HPI
1997 15 AUG	£139,950	£185,503	25% below HPI
1995 12 MAY	£120,000	£148,969	19% below HPI

4 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 4 SOVEREIGN CLOSE sales between May 1995 and December 2003 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 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2003 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 SOVEREIGN CLOSE?

4 SOVEREIGN CLOSE is 132m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Granborough, based on EPC data. The below chart shows the distribution of detached houses by size in Granborough, and where 4 SOVEREIGN CLOSE lies on this distribution: 45% of detached houses are smaller than 4 SOVEREIGN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Granborough.

4 SOVEREIGN CLOSE: Plot and Title Map

4 SOVEREIGN CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 4 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 4 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 4 SOVEREIGN CLOSE?

4 SOVEREIGN CLOSE is located in GRANBOROUGH, in the MK18 postcode district. The below map shows the position of No. 4 on SOVEREIGN CLOSE.