3, THE COVERT, VIGO, GRAVESEND, DA13 0SY - £525,000

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.

3 THE COVERT is a large extended detached house of 177m², built sometime between 1967 and 1975, which could now be worth an estimated £835,079. It was last sold for £525,000 in January 2015, which was around 33% above the average January 2015 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

3 THE COVERT Sold Prices

Land registry data shows four sales for 3 THE COVERT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Most of the four 3 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
2015 14 JAN	£525,000	£395,331	33% above HPI
2007 20 AUG	£525,000	£349,157	50% above HPI
2003 10 JAN	£250,000	£272,158	8% below HPI
1995 31 OCT	£109,000	£104,370	4% above HPI

3 THE COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The four 3 THE COVERT sales between October 1995 and January 2015 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 August 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 THE COVERT be worth now?

3 THE COVERT might now be worth an estimated £835,079.

This is based on house price inflation of 59.1%, between January 2015 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.1% inflationary increase is applied to the most recent sale price for 3 THE COVERT of £525,000 on 14th January 2015. For the value to have increased from £525,000 to £835,079 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 THE COVERT has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The January 2015 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE COVERT has not materially changed since January 2015.

How Large is 3 THE COVERT?

3 THE COVERT is 177m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of detached houses houses in Vigo Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Vigo Village, and where 3 THE COVERT lies on this distribution: 74% of detached houses houses are smaller than 3 THE COVERT, and 26% of houses are larger. Note that EPC data is not available for all properties in Vigo Village.

3 THE COVERT: Plot and Title Map

3 THE COVERT sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 3 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 3 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 3 THE COVERT?

3 THE COVERT is located in VIGO, in the DA13 postcode district. The below map shows the position of No. 3 on THE COVERT.