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
5 SOVEREIGN CLOSE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £261,500 in March 2021, which was around 27% below the average March 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 SOVEREIGN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 5 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 |
---|---|---|---|
2021 17 MAR | £261,500 | £357,004 | 27% below HPI |
2010 14 MAY | £198,000 | £263,632 | 25% below HPI |
2006 19 MAY | £186,000 | £257,533 | 28% below HPI |
The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The three 5 SOVEREIGN CLOSE sales between May 2006 and March 2021 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 May 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
5 SOVEREIGN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Rudheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rudheath, and where 5 SOVEREIGN CLOSE lies on this distribution: 38% of detached houses are smaller than 5 SOVEREIGN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Rudheath.
5 SOVEREIGN CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 5 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 5 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.
5 SOVEREIGN CLOSE is located in RUDHEATH, in the CW9 postcode district. The below map shows the position of No. 5 on SOVEREIGN CLOSE.