31, HERMITAGE LANE, LONDON, NW2 2EY - £2,375,000

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

31 HERMITAGE LANE is a very large detached house of 278m², built sometime between 1930 and 1949. It was last sold for £2,375,000 in December 2015, which was around 105% above the average December 2015 detached price in the Barnet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

31 HERMITAGE LANE Sold Prices

Land registry data shows two sales for 31 HERMITAGE LANE 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 31 HERMITAGE LANE 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 16 DEC	£2,375,000	£1,160,857	105% above HPI
2011 12 AUG	£1,225,000	£778,962	57% above HPI

31 HERMITAGE 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 two 31 HERMITAGE LANE sales from August 2011 and December 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 August 2011 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2015 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

How Large is 31 HERMITAGE LANE?

31 HERMITAGE LANE is 278m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 31 HERMITAGE LANE lies on this distribution: 89% of detached houses are smaller than 31 HERMITAGE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in London.

31 HERMITAGE LANE: Plot and Title Map

31 HERMITAGE LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 31 HERMITAGE 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 31 HERMITAGE 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 31 HERMITAGE LANE?

31 HERMITAGE LANE is located in LONDON, in the NW2 postcode district. The below map shows the position of No. 31 on HERMITAGE LANE.