1, THE COVERT, PETTS WOOD, ORPINGTON, BR6 0BT - £970,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 THE COVERT is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £970,000 in June 2017, which was around 12% above the average June 2017 detached price in the Bromley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

1 THE COVERT Sold Prices

Land registry data shows three sales for 1 THE COVERT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Two of the three 1 THE COVERT sales were for above the average price, whilst one was 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 12 JUN	£970,000	£866,817	12% above HPI
1999 13 SEP	£275,000	£264,760	4% above HPI
1996 2 OCT	£167,500	£176,216	5% below HPI

1 THE COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 1 THE COVERT sales between October 1996 and June 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 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1 THE COVERT?

1 THE COVERT is 165m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 THE COVERT lies on this distribution: 61% of detached houses are smaller than 1 THE COVERT, and 38% of houses are larger. Note that EPC data is not available for all properties in London.

1 THE COVERT: Plot and Title Map

1 THE COVERT sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of 1 THE 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 THE 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 THE COVERT?

1 THE COVERT is located in PETTS WOOD, in the BR6 postcode district. The below map shows the position of No. 1 on THE COVERT.