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
42 COVERACK WAY is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £650,000 in August 2022, which was around 27% above the average August 2022 detached price in the Portsmouth local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 42 COVERACK WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. Both of the two 42 COVERACK WAY 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 |
---|---|---|---|
2022 2 AUG | £650,000 | £510,266 | 27% above HPI |
1995 27 JUL | £143,750 | £95,328 | 51% above HPI |
The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two 42 COVERACK WAY sales from July 1995 and August 2022 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 July 1995 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.
42 COVERACK WAY is 115m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 42 COVERACK WAY lies on this distribution: 47% of detached houses are smaller than 42 COVERACK WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.
42 COVERACK WAY sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 42 COVERACK WAY, 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 42 COVERACK WAY). 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.
42 COVERACK WAY is located in PORT SOLENT, in the PO6 postcode district. The below map shows the position of No. 42 on COVERACK WAY.