4, SPENCER DRIVE, LONDON, N2 0QX - £2,725,000

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

4 SPENCER DRIVE is a small extended detached house of 226m², built sometime between 1900 and 1929. It was last sold for £2,725,000 in March 2016, which was around 128% above the average March 2016 detached price in the Barnet local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

4 SPENCER DRIVE Sold Prices

Land registry data shows four sales for 4 SPENCER DRIVE 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. All of the four 4 SPENCER DRIVE 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
2016 23 MAR	£2,725,000	£1,194,920	128% above HPI
2007 18 DEC	£1,950,000	£761,631	156% above HPI
2002 28 MAR	£1,533,225	£482,014	218% above HPI
1999 31 MAR	£775,000	£307,406	152% above HPI

4 SPENCER DRIVE 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 4 SPENCER DRIVE sales between March 1999 and March 2016 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 2007 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the March 2016 sale, where it falls to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is 4 SPENCER DRIVE?

4 SPENCER DRIVE is 226m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Hampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead, and where 4 SPENCER DRIVE lies on this distribution: 38% of detached houses are smaller than 4 SPENCER DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Hampstead.

4 SPENCER DRIVE: Plot and Title Map

4 SPENCER DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 4 SPENCER DRIVE, 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 4 SPENCER DRIVE). 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 4 SPENCER DRIVE?

4 SPENCER DRIVE is located in LONDON, in the N2 postcode district. The below map shows the position of No. 4 on SPENCER DRIVE.