2, THE COVERT, PETTS WOOD, ORPINGTON, BR6 0BU - £980,000

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

2 THE COVERT is a very large extended detached house of 291m², built sometime between 1930 and 1949. It was last sold for £980,000 in June 2016, which was around 16% above the average June 2016 detached price in the Bromley local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

2 THE COVERT Sold Prices

Land registry data shows three sales for 2 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 2 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
2016 30 JUN	£980,000	£844,631	16% above HPI
2002 6 SEP	£541,000	£401,581	35% above HPI
1997 28 NOV	£329,000	£210,847	56% above HPI

2 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 2 THE COVERT sales between November 1997 and June 2016 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 THE COVERT?

2 THE COVERT is 291m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 THE COVERT lies on this distribution: 90% of detached houses are smaller than 2 THE COVERT, and 10% of houses are larger. Note that EPC data is not available for all properties in London.

2 THE COVERT: Plot and Title Map

2 THE COVERT sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 2 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 2 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 2 THE COVERT?

2 THE COVERT is located in PETTS WOOD, in the BR6 postcode district. The below map shows the position of No. 2 on THE COVERT.