12, ALDER COVERT, THETFORD, IP24 2UN - £265,000

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

12 ALDER COVERT is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £265,000 in June 2018, which was around 11% below the average June 2018 detached price in the Breckland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

12 ALDER COVERT Sold Prices

Land registry data shows three sales for 12 ALDER 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 Breckland local authority area for the corresponding sale date. Two of the three 12 ALDER COVERT sales were for below the average price, whilst one was 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
2018 22 JUN	£265,000	£297,507	11% below HPI
2015 24 SEP	£217,500	£252,395	14% below HPI
2005 21 JUL	£199,995	£198,807	1% above HPI

12 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 three 12 ALDER COVERT sales between July 2005 and June 2018 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 ALDER COVERT?

12 ALDER COVERT is 115m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 12 ALDER COVERT lies on this distribution: 60% of detached houses are smaller than 12 ALDER COVERT, and 40% of houses are larger. Note that EPC data is not available for all properties in Thetford.

12 ALDER COVERT: Plot and Title Map

12 ALDER COVERT sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 12 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 12 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 12 ALDER COVERT?

12 ALDER COVERT is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 12 on ALDER COVERT.