9, THE COVERT, VIGO, GRAVESEND, DA13 0SY - £422,000

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

9 THE COVERT is a small extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £422,000 in August 2016, which was around 19% below the average August 2016 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

9 THE COVERT Sold Prices

Land registry data shows two sales for 9 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 Gravesham local authority area for the corresponding sale date. Both of the two 9 THE COVERT sales were 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
2016 15 AUG	£422,000	£518,566	19% below HPI
2014 27 MAY	£370,000	£373,307	1% below HPI

9 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 two 9 THE COVERT sales from May 2014 and August 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 May 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 THE COVERT?

9 THE COVERT is 122m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Vigo Village, based on EPC data. The below chart shows the distribution of detached houses by size in Vigo Village, and where 9 THE COVERT lies on this distribution: 24% of detached houses are smaller than 9 THE COVERT, and 74% of houses are larger. Note that EPC data is not available for all properties in Vigo Village.

9 THE COVERT: Plot and Title Map

9 THE COVERT sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 9 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 9 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 9 THE COVERT?

9 THE COVERT is located in VIGO, in the DA13 postcode district. The below map shows the position of No. 9 on THE COVERT.