2, THE COVERT, THETFORD, IP24 1LA - £332,500

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

2 THE COVERT is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £332,500 in September 2021, which was around 3% above the average September 2021 detached price in the Breckland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

2 THE COVERT Sold Prices

Land registry data shows two sales for 2 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 Breckland local authority area for the corresponding sale date. One of the two 2 THE COVERT sales was for above the average price, whilst the other was 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
2021 1 SEP	£332,500	£324,337	3% above HPI
2001 9 MAR	£99,950	£102,043	2% below HPI

2 THE 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 two 2 THE COVERT sales from March 2001 and September 2021 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 March 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 THE COVERT?

2 THE COVERT is 123m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 2 THE COVERT lies on this distribution: 67% of detached houses are smaller than 2 THE COVERT, and 33% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 THE COVERT: Plot and Title Map

2 THE COVERT sits on a plot of roughly 0.122 of an acre, or 493m². 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 THETFORD, in the IP24 postcode district. The below map shows the position of No. 2 on THE COVERT.