7, SOVEREIGN CLOSE, GRANBOROUGH, BUCKINGHAM, MK18 3DA - £438,000

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.

7 SOVEREIGN CLOSE is a small detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £501,962. It was last sold for £438,000 in April 2017, which was around 40% below the average April 2017 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

7 SOVEREIGN CLOSE Sold Prices

Land registry data shows four sales for 7 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 7 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
2017 10 APR	£438,000	£734,972	40% below HPI
2011 16 SEP	£285,000	£514,377	45% below HPI
1998 13 AUG	£176,000	£223,598	21% below HPI
1995 27 JUN	£120,000	£156,637	23% below HPI

7 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 four 7 SOVEREIGN CLOSE sales between June 1995 and April 2017 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 September 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 SOVEREIGN CLOSE be worth now?

7 SOVEREIGN CLOSE might now be worth an estimated £501,962.

This is based on house price inflation of 14.6%, between April 2017 and March 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 7 SOVEREIGN CLOSE of £438,000 on 10th April 2017. For the value to have increased from £438,000 to £501,962 over the eight years and one month to March 2025, the following assumptions must hold true:

• The value of 7 SOVEREIGN CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The April 2017 sale price of £438,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SOVEREIGN CLOSE has not materially changed since April 2017.

How Large is 7 SOVEREIGN CLOSE?

7 SOVEREIGN CLOSE is 122m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses houses in Granborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Granborough, and where 7 SOVEREIGN CLOSE lies on this distribution: 39% of detached houses houses are smaller than 7 SOVEREIGN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Granborough.

7 SOVEREIGN CLOSE: Plot and Title Map

7 SOVEREIGN CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 7 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 7 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 7 SOVEREIGN CLOSE?

7 SOVEREIGN CLOSE is located in GRANBOROUGH, in the MK18 postcode district. The below map shows the position of No. 7 on SOVEREIGN CLOSE.