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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE COVERT is a very large extended detached house of 291m², built sometime between 1930 and 1949, which could now be worth an estimated £1,177,415. It was last sold for £980,000 in June 2016, which was around 11% 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	£880,008	11% above HPI
2002 6 SEP	£541,000	£418,401	29% above HPI
1997 28 NOV	£329,000	£219,679	50% 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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 THE COVERT be worth now?

2 THE COVERT might now be worth an estimated £1,177,415.

This is based on house price inflation of 20.1%, between June 2016 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 2 THE COVERT of £980,000 on 30th June 2016. For the value to have increased from £980,000 to £1,177,415 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 2 THE COVERT has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2016 sale price of £980,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COVERT has not materially changed since June 2016.

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2 THE COVERT lies on this distribution: 90% of detached houses 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.