16, THE COVERT, PETTS WOOD, ORPINGTON, BR6 0BU - £1,160,000

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

16 THE COVERT is a large extended detached house of 216m², built sometime between 1930 and 1949. It was last sold for £1,160,000 in January 2019, which was around 32% above the average January 2019 detached price in the Bromley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was D.

16 THE COVERT Sold Prices

Land registry data shows two sales for 16 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 Bromley local authority area for the corresponding sale date. Both of the two 16 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
2019 18 JAN	£1,160,000	£879,114	32% above HPI
1996 4 APR	£252,000	£165,259	52% above HPI

16 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 two 16 THE COVERT sales from April 1996 and January 2019 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 1996 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the January 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 16 THE COVERT?

16 THE COVERT is 216m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 16 THE COVERT lies on this distribution: 79% of detached houses are smaller than 16 THE COVERT, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

16 THE COVERT: Plot and Title Map

16 THE COVERT sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 16 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 16 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 16 THE COVERT?

16 THE COVERT is located in PETTS WOOD, in the BR6 postcode district. The below map shows the position of No. 16 on THE COVERT.