12, THE COVEY, TAVERHAM, NORWICH, NR8 6GB - £165,000

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

12 THE COVEY is a very small extended detached house of 80m², built sometime between 1991 and 1995. It was last sold for £165,000 in August 2009, which was around 25% below the average August 2009 detached price in the Broadland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

12 THE COVEY Sold Prices

Land registry data shows two sales for 12 THE COVEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 12 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
2009 28 AUG	£165,000	£219,517	25% below HPI
1995 3 NOV	£65,900	£73,348	10% below HPI

12 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 two 12 THE COVEY sales from November 1995 and August 2009 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 November 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2009 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 THE COVEY?

12 THE COVEY is 80m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 12 THE COVEY lies on this distribution: 11% of detached houses are smaller than 12 THE COVEY, and 89% of houses are larger. Note that EPC data is not available for all properties in Taverham.

12 THE COVEY: Plot and Title Map

12 THE COVEY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 12 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 12 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 12 THE COVEY?

12 THE COVEY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 12 on THE COVEY.