15, HERMITAGE LANE, LONDON, NW2 2EY - £1,225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 HERMITAGE LANE is a large detached house of 215m², which could now be worth an estimated £2,002,099. It was last sold for £1,225,000 in March 2011, which was around 29% above the average March 2011 detached price in the Barnet local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

15 HERMITAGE LANE Sold Prices

Land registry data shows three sales for 15 HERMITAGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Two of the three 15 HERMITAGE LANE sales were for above the average price, whilst one 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
2011 31 MAR	£1,225,000	£953,042	29% above HPI
1999 17 DEC	£420,000	£410,879	2% above HPI
1998 16 OCT	£305,000	£348,195	12% below HPI

15 HERMITAGE LANE 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 three 15 HERMITAGE LANE sales between October 1998 and March 2011 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 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2011 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 15 HERMITAGE LANE be worth now?

15 HERMITAGE LANE might now be worth an estimated £2,002,099.

This is based on house price inflation of 63.4%, between March 2011 and December 2024, for detached houses, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.4% inflationary increase is applied to the most recent sale price for 15 HERMITAGE LANE of £1,225,000 on 31st March 2011. For the value to have increased from £1,225,000 to £2,002,099 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of 15 HERMITAGE LANE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The March 2011 sale price of £1,225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HERMITAGE LANE has not materially changed since March 2011.

How Large is 15 HERMITAGE LANE?

15 HERMITAGE LANE is 215m² according to the EPC inspection conducted in November 2009. This puts it in the largest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 15 HERMITAGE LANE lies on this distribution: 79% of detached houses houses are smaller than 15 HERMITAGE LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

15 HERMITAGE LANE: Plot and Title Map

15 HERMITAGE LANE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 15 HERMITAGE LANE, 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 15 HERMITAGE LANE). 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 15 HERMITAGE LANE?

15 HERMITAGE LANE is located in LONDON, in the NW2 postcode district. The below map shows the position of No. 15 on HERMITAGE LANE.