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
48 SOUTHFIELDS is a very small detached house of 106m², built sometime between 1930 and 1949. It was last sold for £865,000 in April 2021, which was around 31% below the average April 2021 detached price in the Barnet local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 48 SOUTHFIELDS since 1st 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 48 SOUTHFIELDS 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 30 APR | £865,000 | £1,261,856 | 31% below HPI |
2019 9 AUG | £666,000 | £1,215,808 | 45% below HPI |
The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The two 48 SOUTHFIELDS sales from August 2019 and April 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 August 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
48 SOUTHFIELDS is 106m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Hendon, based on EPC data. The below chart shows the distribution of detached houses by size in Hendon, and where 48 SOUTHFIELDS lies on this distribution: 9% of detached houses are smaller than 48 SOUTHFIELDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Hendon.
48 SOUTHFIELDS sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 48 SOUTHFIELDS, 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 48 SOUTHFIELDS). 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.
48 SOUTHFIELDS is located in LONDON, in the NW4 postcode district. The below map shows the position of No. 48 on SOUTHFIELDS.