1, ALDER COVERT, THETFORD, IP24 2UN - £195,000

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

1 ALDER COVERT is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £195,000 in January 2014, which was around 9% below the average January 2014 detached price in the Breckland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

1 ALDER COVERT Sold Prices

Land registry data shows two sales for 1 ALDER COVERT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 1 ALDER COVERT 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
2014 27 JAN	£195,000	£214,957	9% below HPI
2008 18 APR	£205,000	£223,470	8% below HPI

1 ALDER COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 1 ALDER COVERT sales from April 2008 and January 2014 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 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 ALDER COVERT?

1 ALDER COVERT is 115m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 1 ALDER COVERT lies on this distribution: 60% of detached houses are smaller than 1 ALDER COVERT, and 39% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 ALDER COVERT: Plot and Title Map

1 ALDER COVERT sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 ALDER COVERT, 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 1 ALDER COVERT). 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 1 ALDER COVERT?

1 ALDER COVERT is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 1 on ALDER COVERT.