2A, THE GROVE, LONDON, NW11 9SH - £3,750,000

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

2A THE GROVE is a large extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £3,750,000 in March 2017, which was around 200% above the average March 2017 detached price in the Barnet local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

2A THE GROVE Sold Prices

Land registry data shows four sales for 2A THE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Most of the four 2A THE GROVE 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
2017 15 MAR	£3,750,000	£1,251,230	200% above HPI
2013 14 NOV	£920,000	£915,233	1% above HPI
2007 18 SEP	£1,175,000	£756,135	55% above HPI
2004 3 JUN	£450,000	£586,978	23% below HPI

2A THE GROVE 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 four 2A THE GROVE sales between June 2004 and March 2017 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 November 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2017 sale, where it rises to 200% above the HPI. The line then continues to track at 200% above the HPI.

How Large is 2A THE GROVE?

2A THE GROVE is 208m², which includes four extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2A THE GROVE lies on this distribution: 77% of detached houses are smaller than 2A THE GROVE, and 23% of houses are larger. Note that EPC data is not available for all properties in London.

2A THE GROVE: Plot and Title Map

2A THE GROVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2A THE GROVE, 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 2A THE GROVE). 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 2A THE GROVE?

2A THE GROVE is located in LONDON, in the NW11 postcode district. The below map shows the position of No. 2A on THE GROVE.