Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
40 SOVEREIGN CRESCENT is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £590,000 in July 2020, which was around 27% above the average July 2020 detached price in the Fareham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 40 SOVEREIGN CRESCENT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 40 SOVEREIGN CRESCENT 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 |
---|---|---|---|
2020 31 JUL | £590,000 | £465,225 | 27% above HPI |
2016 17 AUG | £490,000 | £420,886 | 16% above HPI |
2002 19 APR | £272,500 | £212,246 | 28% above HPI |
1996 25 SEP | £147,000 | £107,900 | 36% above HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The four 40 SOVEREIGN CRESCENT sales between September 1996 and July 2020 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 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
40 SOVEREIGN CRESCENT is 139m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 40 SOVEREIGN CRESCENT lies on this distribution: 64% of detached houses are smaller than 40 SOVEREIGN CRESCENT, and 35% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.
40 SOVEREIGN CRESCENT sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 40 SOVEREIGN CRESCENT, 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 40 SOVEREIGN CRESCENT). 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.
40 SOVEREIGN CRESCENT is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 40 on SOVEREIGN CRESCENT.