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
2 GATCOMBE WAY is a large extended detached house of 201m², built sometime between 1991 and 1995. It was last sold for £1,459,000 in October 2020, which was around 15% above the average October 2020 detached price in the Barnet local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 2 GATCOMBE WAY since 1st 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. All of the three 2 GATCOMBE WAY 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 |
---|---|---|---|
2020 23 OCT | £1,459,000 | £1,269,037 | 15% above HPI |
1996 21 AUG | £354,000 | £223,244 | 59% above HPI |
1995 4 MAY | £325,000 | £208,748 | 56% above HPI |
The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The three 2 GATCOMBE WAY sales between May 1995 and October 2020 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 August 1996 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the October 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
2 GATCOMBE WAY is 201m², which includes two extensions, according to the EPC inspection conducted in August 2019. 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 2 GATCOMBE WAY lies on this distribution: 75% of detached houses are smaller than 2 GATCOMBE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in London.
2 GATCOMBE WAY sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 2 GATCOMBE WAY, 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 2 GATCOMBE WAY). 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.
2 GATCOMBE WAY is located in BARNET, in the EN4 postcode district. The below map shows the position of No. 2 on GATCOMBE WAY.