2, THE PADDOCKS, LONDON, NW7 1PS - £575,000

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 THE PADDOCKS is a midsized extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £575,000 in August 2006, which was around 10% below the average August 2006 detached price in the Barnet local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

2 THE PADDOCKS Sold Prices

Land registry data shows two sales for 2 THE PADDOCKS 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 THE PADDOCKS 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
2006 31 AUG	£575,000	£642,276	10% below HPI
1999 22 JUN	£265,000	£317,797	17% below HPI

2 THE PADDOCKS 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 THE PADDOCKS sales from June 1999 and August 2006 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 June 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2006 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 153m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% 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 THE PADDOCKS lies on this distribution: 55% of detached houses are smaller than 2 THE PADDOCKS, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

2 THE PADDOCKS: Plot and Title Map

2 THE PADDOCKS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

2 THE PADDOCKS is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 2 on THE PADDOCKS.