24, THE COVERT, PETTS WOOD, ORPINGTON, BR6 0BU - £825,000

24 THE COVERT is a small extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £825,000 in June 2021, which was around 13% below the average June 2021 detached price in the Bromley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

24 THE COVERT Sold Prices

Land registry data shows two sales for 24 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 Bromley local authority area for the corresponding sale date. Both of the two 24 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 9 JUN	£825,000	£948,739	13% below HPI
2016 16 DEC	£743,000	£847,620	12% below HPI

24 THE COVERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 24 THE COVERT sales from December 2016 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 December 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 24 THE COVERT?

24 THE COVERT is 120m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 24 THE COVERT lies on this distribution: 34% of detached houses are smaller than 24 THE COVERT, and 65% of houses are larger. Note that EPC data is not available for all properties in London.

24 THE COVERT: Plot and Title Map

24 THE COVERT sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 24 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 24 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 24 THE COVERT?

24 THE COVERT is located in PETTS WOOD, in the BR6 postcode district. The below map shows the position of No. 24 on THE COVERT.