38, COVERACK WAY, PORT SOLENT, PORTSMOUTH, PO6 4SX - £700,000

38 COVERACK WAY is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £700,000 in January 2019, which was around 65% above the average January 2019 detached price in the Portsmouth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was D.

38 COVERACK WAY Sold Prices

Land registry data shows three sales for 38 COVERACK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. All of the three 38 COVERACK WAY sales were 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
2019 24 JAN	£700,000	£423,944	65% above HPI
2002 8 OCT	£295,000	£236,106	25% above HPI
1995 19 OCT	£136,950	£92,990	47% above HPI

38 COVERACK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The three 38 COVERACK WAY sales between October 1995 and January 2019 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 October 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2019 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 38 COVERACK WAY?

38 COVERACK WAY is 115m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 38 COVERACK WAY lies on this distribution: 47% of detached houses are smaller than 38 COVERACK WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

38 COVERACK WAY: Plot and Title Map

38 COVERACK WAY sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 38 COVERACK WAY, 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 38 COVERACK WAY). 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 38 COVERACK WAY?

38 COVERACK WAY is located in PORT SOLENT, in the PO6 postcode district. The below map shows the position of No. 38 on COVERACK WAY.