9, THE COVEY, TAVERHAM, NORWICH, NR8 6GB - £238,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 THE COVEY is a small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £372,971. It was last sold for £238,000 in September 2014, which was around 13% below the average September 2014 detached price in the Broadland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

9 THE COVEY Sold Prices

Land registry data shows five sales for 9 THE COVEY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the five 9 THE COVEY 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
2014 10 SEP	£238,000	£273,946	13% below HPI
2005 7 MAR	£207,500	£219,868	6% below HPI
2004 4 JUN	£192,000	£203,614	6% below HPI
2003 17 DEC	£184,000	£195,924	6% below HPI
1996 27 MAR	£74,900	£70,271	7% above HPI

9 THE COVEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The five 9 THE COVEY sales between March 1996 and September 2014 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 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 9 THE COVEY be worth now?

9 THE COVEY might now be worth an estimated £372,971.

This is based on house price inflation of 56.7%, between September 2014 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.7% inflationary increase is applied to the most recent sale price for 9 THE COVEY of £238,000 on 10th September 2014. For the value to have increased from £238,000 to £372,971 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 THE COVEY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2014 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE COVEY has not materially changed since September 2014.

How Large is 9 THE COVEY?

9 THE COVEY is 105m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 9 THE COVEY lies on this distribution: 38% of detached houses houses are smaller than 9 THE COVEY, and 61% of houses are larger. Note that EPC data is not available for all properties in Taverham.

9 THE COVEY: Plot and Title Map

9 THE COVEY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 9 THE COVEY, 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 COVEY). 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 COVEY?

9 THE COVEY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 9 on THE COVEY.