24, NORRICE LEA, LONDON, N2 0RE - £2,990,000

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

24 NORRICE LEA is a large extended detached house of 292m², built sometime between 1900 and 1929. It was last sold for £2,990,000 in September 2015, which was around 167% above the average September 2015 detached price in the Barnet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

24 NORRICE LEA Sold Prices

Land registry data shows two sales for 24 NORRICE LEA 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 24 NORRICE LEA 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
2015 8 SEP	£2,990,000	£1,120,998	167% above HPI
1998 14 OCT	£780,000	£305,309	155% above HPI

24 NORRICE LEA 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 24 NORRICE LEA sales from October 1998 and September 2015 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 October 1998 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the September 2015 sale, where it rises to 167% above the HPI. The line then continues to track at 167% above the HPI.

How Large is 24 NORRICE LEA?

24 NORRICE LEA is 292m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Hampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead, and where 24 NORRICE LEA lies on this distribution: 61% of detached houses are smaller than 24 NORRICE LEA, and 39% of houses are larger. Note that EPC data is not available for all properties in Hampstead.

24 NORRICE LEA: Plot and Title Map

24 NORRICE LEA sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 24 NORRICE LEA, 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 24 NORRICE LEA). 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 24 NORRICE LEA?

24 NORRICE LEA is located in LONDON, in the N2 postcode district. The below map shows the position of No. 24 on NORRICE LEA.