18, SOVEREIGN CLOSE, GRANBOROUGH, BUCKINGHAM, MK18 3DA - £385,000

18 SOVEREIGN CLOSE is a small extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £385,000 in July 2015, which was around 36% below the average July 2015 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

18 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 18 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 18 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
2015 31 JUL	£385,000	£606,025	36% below HPI
1997 30 APR	£125,000	£169,704	26% below HPI
1995 27 OCT	£130,000	£150,371	14% below HPI

18 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 three 18 SOVEREIGN CLOSE sales between October 1995 and July 2015 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 April 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 18 SOVEREIGN CLOSE?

18 SOVEREIGN CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Granborough, based on EPC data. The below chart shows the distribution of detached houses by size in Granborough, and where 18 SOVEREIGN CLOSE lies on this distribution: 26% of detached houses are smaller than 18 SOVEREIGN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Granborough.

18 SOVEREIGN CLOSE: Plot and Title Map

18 SOVEREIGN CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 18 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 18 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 18 SOVEREIGN CLOSE?

18 SOVEREIGN CLOSE is located in GRANBOROUGH, in the MK18 postcode district. The below map shows the position of No. 18 on SOVEREIGN CLOSE.