39, NEEDHAM TERRACE, LONDON, NW2 6QL - £550,000

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

39 NEEDHAM TERRACE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £550,000 in December 2021, which was around 62% below the average December 2021 detached price in the Barnet local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

39 NEEDHAM TERRACE Sold Prices

Land registry data shows five sales for 39 NEEDHAM TERRACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the five 39 NEEDHAM TERRACE 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
2021 17 DEC	£550,000	£1,431,628	62% below HPI
2015 13 NOV	£390,000	£1,162,637	66% below HPI
2009 15 JUN	£260,000	£649,307	60% below HPI
2002 27 MAR	£60,433	£482,014	87% below HPI
1999 9 JUL	£153,000	£327,535	53% below HPI

39 NEEDHAM TERRACE 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 five 39 NEEDHAM TERRACE sales between July 1999 and December 2021 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 2015 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the December 2021 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 39 NEEDHAM TERRACE?

39 NEEDHAM TERRACE is 77m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 39 NEEDHAM TERRACE lies on this distribution: 6% of detached houses are smaller than 39 NEEDHAM TERRACE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

39 NEEDHAM TERRACE: Plot and Title Map

39 NEEDHAM TERRACE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 39 NEEDHAM TERRACE, 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 39 NEEDHAM TERRACE). 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 39 NEEDHAM TERRACE?

39 NEEDHAM TERRACE is located in LONDON, in the NW2 postcode district. The below map shows the position of No. 39 on NEEDHAM TERRACE.