8, SOVEREIGN CLOSE, TOTTON, SOUTHAMPTON, SO40 8XP - £260,000

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

8 SOVEREIGN CLOSE is a very large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £260,000 in March 2006, which was around 15% below the average March 2006 detached price in the New Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

8 SOVEREIGN CLOSE Sold Prices

Land registry data shows two sales for 8 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 New Forest local authority area for the corresponding sale date. One of the two 8 SOVEREIGN CLOSE sales was for below the average price, whilst the other was 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
2006 24 MAR	£260,000	£307,541	15% below HPI
2000 6 JAN	£182,000	£159,956	14% above HPI

8 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 8 SOVEREIGN CLOSE sales from January 2000 and March 2006 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 January 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2006 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 SOVEREIGN CLOSE?

8 SOVEREIGN CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 8 SOVEREIGN CLOSE lies on this distribution: 84% of detached houses are smaller than 8 SOVEREIGN CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Totton.

8 SOVEREIGN CLOSE: Plot and Title Map

8 SOVEREIGN CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 8 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 8 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 8 SOVEREIGN CLOSE?

8 SOVEREIGN CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 8 on SOVEREIGN CLOSE.