243, HALE LANE, EDGWARE, HA8 9QF - £667,500

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

243 HALE LANE is a very large extended detached house of 218m², built sometime between 1930 and 1949. It was last sold for £667,500 in June 2012, which was around 20% below the average June 2012 detached price in the Barnet local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

243 HALE LANE Sold Prices

Land registry data shows three sales for 243 HALE LANE since 1^st 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 243 HALE LANE 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
2012 15 JUN	£667,500	£838,238	20% below HPI
1996 12 DEC	£190,000	£226,758	16% below HPI
1995 25 AUG	£190,000	£214,248	11% below HPI

243 HALE LANE 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 three 243 HALE LANE sales between August 1995 and June 2012 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 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 243 HALE LANE?

243 HALE LANE is 218m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses by size in Edgware, and where 243 HALE LANE lies on this distribution: 85% of detached houses are smaller than 243 HALE LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Edgware.

243 HALE LANE: Plot and Title Map

243 HALE LANE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of 243 HALE 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 243 HALE 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 243 HALE LANE?

243 HALE LANE is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 243 on HALE LANE.