44, NORRICE LEA, LONDON, N2 0RJ - £5,600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

44 NORRICE LEA is a midsized detached house of 251m², built sometime between 1930 and 1949, which could now be worth an estimated £6,246,632. It was last sold for £5,600,000 in July 2020, which was around 301% above the average July 2020 detached price in the Barnet local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

44 NORRICE LEA Sold Prices

Land registry data shows two sales for 44 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 44 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
2020 2 JUL	£5,600,000	£1,396,380	301% above HPI
2010 12 OCT	£3,502,500	£915,615	283% above HPI

44 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 44 NORRICE LEA sales from October 2010 and July 2020 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 October 2010 sale was for 283% above the HPI. So the extrapolation line tracks at 283% above the HPI over time, until the July 2020 sale, where it rises to 301% above the HPI. The line then continues to track at 301% above the HPI.

What might 44 NORRICE LEA be worth now?

44 NORRICE LEA might now be worth an estimated £6,246,632.

This is based on house price inflation of 11.5%, between July 2020 and December 2024, for detached houses, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for 44 NORRICE LEA of £5,600,000 on 2nd July 2020. For the value to have increased from £5,600,000 to £6,246,632 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 44 NORRICE LEA has moved in line with the HPI for detached houses in the Barnet local authority area.
• The July 2020 sale price of £5,600,000 represented a fair market value for the property.
• The size, condition, and specification of 44 NORRICE LEA has not materially changed since July 2020.

How Large is 44 NORRICE LEA?

44 NORRICE LEA is 251m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses houses in Hampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hampstead, and where 44 NORRICE LEA lies on this distribution: 47% of detached houses houses are smaller than 44 NORRICE LEA, and 53% of houses are larger. Note that EPC data is not available for all properties in Hampstead.

44 NORRICE LEA: Plot and Title Map

44 NORRICE LEA sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of 44 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 44 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 44 NORRICE LEA?

44 NORRICE LEA is located in LONDON, in the N2 postcode district. The below map shows the position of No. 44 on NORRICE LEA.