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

7 SOVEREIGN CLOSE is a small detached house of 122m², built sometime between 1991 and 1995. It was last sold for £438,000 in April 2017, which was around 38% 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	£706,420	38% below HPI
2011 16 SEP	£285,000	£494,394	42% below HPI
1998 13 AUG	£176,000	£214,912	18% below HPI
1995 27 JUN	£120,000	£150,552	20% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

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 in Granborough, based on EPC data. The below chart shows the distribution of detached houses by size in Granborough, and where 7 SOVEREIGN CLOSE lies on this distribution: 39% of detached 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 0.086 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.