38, NORRICE LEA, LONDON, N2 0RJ - £4,275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 NORRICE LEA is a large detached house of 378m², built sometime between 1930 and 1949. It was last sold for £4,275,000 in February 2018, which was around 254% above the average February 2018 detached price in the Barnet local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

38 NORRICE LEA Sold Prices

Land registry data shows two sales for 38 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 38 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
2018 28 FEB	£4,275,000	£1,208,250	254% above HPI
1996 26 JAN	£787,000	£211,483	272% above HPI

38 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 38 NORRICE LEA sales from January 1996 and February 2018 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 January 1996 sale was for 272% above the HPI. So the extrapolation line tracks at 272% above the HPI over time, until the February 2018 sale, where it falls to 254% above the HPI. The line then continues to track at 254% above the HPI.

How Large is 38 NORRICE LEA?

38 NORRICE LEA is 378m² according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Hampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead, and where 38 NORRICE LEA lies on this distribution: 74% of detached houses are smaller than 38 NORRICE LEA, and 26% of houses are larger. Note that EPC data is not available for all properties in Hampstead.

38 NORRICE LEA: Plot and Title Map

38 NORRICE LEA sits on a plot of roughly 0.263 of an acre, or 1,063m². The below map shows the location of 38 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 38 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 38 NORRICE LEA?

38 NORRICE LEA is located in LONDON, in the N2 postcode district. The below map shows the position of No. 38 on NORRICE LEA.