116, HALE DRIVE, LONDON, NW7 3ED - £695,000

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

116 HALE DRIVE is a very small extended semi-detached house of 101m², built sometime between 1930 and 1949. It was last sold for £695,000 in August 2018, which was around 44% below the average August 2018 detached price in the Barnet local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

116 HALE DRIVE Sold Prices

Land registry data shows four sales for 116 HALE DRIVE 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. All of the four 116 HALE DRIVE 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
2018 7 AUG	£695,000	£1,230,886	44% below HPI
2016 12 FEB	£645,000	£1,180,030	45% below HPI
2011 4 MAR	£331,000	£835,659	60% below HPI
2007 10 APR	£312,000	£686,873	55% below HPI

116 HALE DRIVE 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 116 HALE DRIVE sales between April 2007 and August 2018 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 February 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 116 HALE DRIVE?

116 HALE DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses by size in Edgware, and where 116 HALE DRIVE lies on this distribution: 8% of detached houses are smaller than 116 HALE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Edgware.

116 HALE DRIVE: Plot and Title Map

116 HALE DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 116 HALE DRIVE, 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 116 HALE DRIVE). 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 116 HALE DRIVE?

116 HALE DRIVE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 116 on HALE DRIVE.