116, PARK ROAD, NEW BARNET, BARNET, EN4 9QR - £1,068,000

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

116 PARK ROAD is a large extended detached house of 219m², built sometime between 1930 and 1949. It was last sold for £1,068,000 in May 2015, which was about the average May 2015 detached price in the Barnet local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

116 PARK ROAD Sold Prices

Land registry data shows two sales for 116 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. One of the two 116 PARK ROAD sales was roughly equal to the average price, whilst the other was 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
2015 18 MAY	£1,068,000	£1,071,668	Close to HPI
2004 15 JAN	£430,000	£574,210	25% below HPI

116 PARK ROAD 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 two 116 PARK ROAD sales from January 2004 and May 2015 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 January 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 116 PARK ROAD?

116 PARK ROAD is 219m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 116 PARK ROAD lies on this distribution: 80% of detached houses are smaller than 116 PARK ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in London.

116 PARK ROAD: Plot and Title Map

116 PARK ROAD sits on a plot of roughly 0.371 of an acre, or 1,500m². The below map shows the location of 116 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

116 PARK ROAD is located in NEW BARNET, in the EN4 postcode district. The below map shows the position of No. 116 on PARK ROAD.