10, THE COVERT, PETTS WOOD, ORPINGTON, BR6 0BU - £1,130,000

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

10 THE COVERT is a very large extended detached house of 222m², built sometime between 1930 and 1949. It was last sold for £1,130,000 in July 2014, which was around 61% above the average July 2014 detached price in the Bromley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

10 THE COVERT Sold Prices

Land registry data shows three sales for 10 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. All of the three 10 THE COVERT 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
2014 25 JUL	£1,130,000	£700,944	61% above HPI
2004 2 AUG	£682,000	£450,362	51% above HPI
1997 12 SEP	£285,000	£206,201	38% above HPI

10 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 10 THE COVERT sales between September 1997 and July 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 August 2004 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2014 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 10 THE COVERT?

10 THE COVERT is 222m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 10 THE COVERT lies on this distribution: 80% of detached houses are smaller than 10 THE COVERT, and 20% of houses are larger. Note that EPC data is not available for all properties in London.

10 THE COVERT: Plot and Title Map

10 THE COVERT sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 10 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 10 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 10 THE COVERT?

10 THE COVERT is located in PETTS WOOD, in the BR6 postcode district. The below map shows the position of No. 10 on THE COVERT.