2, SAVOY CLOSE, EDGWARE, HA8 7QF - £840,000

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

2 SAVOY CLOSE is a midsized extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £840,000 in February 2016, which was around 29% below the average February 2016 detached price in the Barnet local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

2 SAVOY CLOSE Sold Prices

Land registry data shows two sales for 2 SAVOY CLOSE 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. Both of the two 2 SAVOY CLOSE 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
2016 12 FEB	£840,000	£1,180,030	29% below HPI
2002 16 JAN	£355,000	£478,487	26% below HPI

2 SAVOY CLOSE 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 2 SAVOY CLOSE sales from January 2002 and February 2016 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 SAVOY CLOSE?

2 SAVOY CLOSE is 164m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of detached houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses by size in Edgware, and where 2 SAVOY CLOSE lies on this distribution: 56% of detached houses are smaller than 2 SAVOY CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Edgware.

2 SAVOY CLOSE: Plot and Title Map

2 SAVOY CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 SAVOY CLOSE, 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 SAVOY CLOSE). 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 SAVOY CLOSE?

2 SAVOY CLOSE is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 2 on SAVOY CLOSE.