11, THE COVEY, TAVERHAM, NORWICH, NR8 6GB - £178,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 THE COVEY is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £307,113. It was last sold for £178,000 in December 2013, which was around 28% below the average December 2013 detached price in the Broadland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

11 THE COVEY Sold Prices

Land registry data shows three sales for 11 THE COVEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 11 THE COVEY 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
2013 17 DEC	£178,000	£248,820	28% below HPI
2011 20 DEC	£162,000	£236,342	31% below HPI
1995 27 OCT	£65,200	£75,425	14% below HPI

11 THE COVEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 11 THE COVEY sales between October 1995 and December 2013 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 December 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 THE COVEY be worth now?

11 THE COVEY might now be worth an estimated £307,113.

This is based on house price inflation of 72.5%, between December 2013 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.5% inflationary increase is applied to the most recent sale price for 11 THE COVEY of £178,000 on 17th December 2013. For the value to have increased from £178,000 to £307,113 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 11 THE COVEY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2013 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE COVEY has not materially changed since December 2013.

How Large is 11 THE COVEY?

11 THE COVEY is 97m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 11 THE COVEY lies on this distribution: 30% of detached houses houses are smaller than 11 THE COVEY, and 70% of houses are larger. Note that EPC data is not available for all properties in Taverham.

11 THE COVEY: Plot and Title Map

11 THE COVEY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 11 THE COVEY, 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 11 THE COVEY). 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 11 THE COVEY?

11 THE COVEY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 11 on THE COVEY.