THE COVERT, HOLT ROAD, WEYBOURNE, HOLT, NR25 7SU - £375,000

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

THE COVERT is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2021, which was around 3% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

THE COVERT Sold Prices

Land registry data shows three sales for 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 North Norfolk local authority area for the corresponding sale date. All of the three 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
2021 24 JUN	£375,000	£386,352	3% below HPI
2018 23 NOV	£275,000	£346,319	21% below HPI
2010 9 JUL	£210,000	£246,857	15% below HPI

THE COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three THE COVERT sales between July 2010 and June 2021 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 November 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE COVERT?

THE COVERT is 71m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Weybourne, and where THE COVERT lies on this distribution: 10% of detached houses are smaller than THE COVERT, and 90% of houses are larger. Note that EPC data is not available for all properties in Weybourne.

THE COVERT: Plot and Title Map

THE COVERT sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 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 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 THE COVERT?

THE COVERT is located on HOLT ROAD in WEYBOURNE, in the NR25 postcode district. The below map shows the position of THE COVERT on HOLT ROAD.