2, PHIPPS HATCH LANE, ENFIELD, EN2 0HL - £680,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PHIPPS HATCH LANE is a very small semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £786,867. It was last sold for £680,000 in January 2020, which was around 12% above the average January 2020 semi-detached price in the Enfield local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

2 PHIPPS HATCH LANE Sold Prices

Land registry data shows two sales for 2 PHIPPS HATCH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Enfield local authority area for the corresponding sale date. Both of the two 2 PHIPPS HATCH LANE 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 6 JAN	£680,000	£605,757	12% above HPI
1999 10 DEC	£227,000	£167,720	35% above HPI

2 PHIPPS HATCH LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Enfield local authority area over time, sourced from the HPI. The two 2 PHIPPS HATCH LANE sales from December 1999 and January 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 December 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 2 PHIPPS HATCH LANE be worth now?

2 PHIPPS HATCH LANE might now be worth an estimated £786,867.

This is based on house price inflation of 15.7%, between January 2020 and February 2025, for semi-detached houses, in the Enfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 2 PHIPPS HATCH LANE of £680,000 on 6th January 2020. For the value to have increased from £680,000 to £786,867 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 PHIPPS HATCH LANE has moved in line with the HPI for semi-detached houses in the Enfield local authority area.
• The January 2020 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PHIPPS HATCH LANE has not materially changed since January 2020.

How Large is 2 PHIPPS HATCH LANE?

2 PHIPPS HATCH LANE is 80m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 2 PHIPPS HATCH LANE lies on this distribution: 7% of semi-detached houses houses are smaller than 2 PHIPPS HATCH LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in London.

2 PHIPPS HATCH LANE: Plot and Title Map

2 PHIPPS HATCH LANE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 2 PHIPPS HATCH 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 2 PHIPPS HATCH 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 2 PHIPPS HATCH LANE?

2 PHIPPS HATCH LANE is located in ENFIELD, in the EN2 postcode district. The below map shows the position of No. 2 on PHIPPS HATCH LANE.