6, SOVEREIGN CLOSE, HASTINGS, TN34 2UB - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 SOVEREIGN CLOSE is a very large extended detached house of 166m², built sometime between 1976 and 1982, which could now be worth an estimated £428,453. It was last sold for £450,000 in March 2022, which was around 14% below the average March 2022 detached price in the Hastings local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

6 SOVEREIGN CLOSE Sold Prices

Land registry data shows two sales for 6 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 6 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
2022 30 MAR	£450,000	£521,734	14% below HPI
2008 22 FEB	£244,999	£275,728	11% below HPI

6 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The two 6 SOVEREIGN CLOSE sales from February 2008 and March 2022 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 February 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 6 SOVEREIGN CLOSE be worth now?

6 SOVEREIGN CLOSE might now be worth an estimated £428,453.

This is based on house price deflation of 4.8%, between March 2022 and March 2025, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% deflationary decrease is applied to the most recent sale price for 6 SOVEREIGN CLOSE of £450,000 on 30th March 2022. For the value to have decreased from £450,000 to £428,453 over the three years to March 2025, the following assumptions must hold true:

• The value of 6 SOVEREIGN CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The March 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SOVEREIGN CLOSE has not materially changed since March 2022.

How Large is 6 SOVEREIGN CLOSE?

6 SOVEREIGN CLOSE is 166m², which includes four extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 6 SOVEREIGN CLOSE lies on this distribution: 84% of detached houses houses are smaller than 6 SOVEREIGN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hastings.

6 SOVEREIGN CLOSE: Plot and Title Map

6 SOVEREIGN CLOSE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 6 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 6 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 6 SOVEREIGN CLOSE?

6 SOVEREIGN CLOSE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 6 on SOVEREIGN CLOSE.