2, THE COVERT, THURLBY, BOURNE, PE10 0QQ - £340,000

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 small detached house of 111m², built sometime between 1991 and 1995. It was last sold for £340,000 in December 2018, which was around 13% above the average December 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

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 South Kesteven local authority area for the corresponding sale date. Two of the three 2 THE COVERT sales were for above the average price, whilst one 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
2018 6 DEC	£340,000	£300,571	13% above HPI
2014 6 JUN	£242,000	£226,693	7% above HPI
1995 24 FEB	£25,000	£69,387	64% below HPI

2 THE COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 2 THE COVERT sales between February 1995 and December 2018 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 June 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 THE COVERT?

2 THE COVERT is 111m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Thurlby, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlby, and where 2 THE COVERT lies on this distribution: 17% of detached houses are smaller than 2 THE COVERT, and 83% of houses are larger. Note that EPC data is not available for all properties in Thurlby.

2 THE COVERT: Plot and Title Map

2 THE COVERT sits on a plot of roughly 0.210 of an acre, or 850m². 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 THURLBY, in the PE10 postcode district. The below map shows the position of No. 2 on THE COVERT.