1, SHORTGATE, LONDON, N12 7JP - £1,450,000

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

1 SHORTGATE is a very large extended detached house of 222m², built sometime between 1950 and 1966. It was last sold for £1,450,000 in December 2022, which was around 3% below the average December 2022 detached price in the Barnet local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

1 SHORTGATE Sold Prices

Land registry data shows four sales for 1 SHORTGATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Most of the four 1 SHORTGATE 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 16 DEC	£1,450,000	£1,491,095	3% below HPI
2005 9 JUN	£700,000	£599,407	17% above HPI
1997 29 APR	£305,000	£239,284	27% above HPI
1996 10 JUL	£230,000	£213,806	8% above HPI

1 SHORTGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The four 1 SHORTGATE sales between July 1996 and December 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 June 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 SHORTGATE?

1 SHORTGATE is 222m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 SHORTGATE lies on this distribution: 80% of detached houses are smaller than 1 SHORTGATE, and 20% of houses are larger. Note that EPC data is not available for all properties in London.

1 SHORTGATE: Plot and Title Map

1 SHORTGATE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 1 SHORTGATE, 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 1 SHORTGATE). 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 1 SHORTGATE?

1 SHORTGATE is located in LONDON, in the N12 postcode district. The below map shows the position of No. 1 on SHORTGATE.