1, THE COVERT, VIGO, GRAVESEND, DA13 0SY - £700,000

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 THE COVERT is a very large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £700,000 in September 2021, which was around 16% above the average September 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

1 THE COVERT Sold Prices

Land registry data shows two sales for 1 THE 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 Gravesham local authority area for the corresponding sale date. One of the two 1 THE COVERT sales was for above the average price, whilst the other was roughly equal to 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
2021 23 SEP	£700,000	£604,020	16% above HPI
2013 11 APR	£360,000	£360,948	Close to HPI

1 THE COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 1 THE COVERT sales from April 2013 and September 2021 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 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 THE COVERT?

1 THE COVERT is 179m², which includes four extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses in Vigo Village, based on EPC data. The below chart shows the distribution of detached houses by size in Vigo Village, and where 1 THE COVERT lies on this distribution: 80% of detached houses are smaller than 1 THE COVERT, and 20% of houses are larger. Note that EPC data is not available for all properties in Vigo Village.

1 THE COVERT: Plot and Title Map

1 THE COVERT sits on a plot of roughly 0.163 of an acre, or 658m². 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 VIGO, in the DA13 postcode district. The below map shows the position of No. 1 on THE COVERT.