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
7 THE BISHOPS AVENUE is a very large detached house of 934m², built sometime between 2003 and 2006. It was last sold for £8,000,000 in December 2023, which was around 464% above the average December 2023 detached price in the Barnet local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 THE BISHOPS AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the three 7 THE BISHOPS AVENUE 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 |
---|---|---|---|
2023 7 DEC | £8,000,000 | £1,418,789 | 464% above HPI |
2001 14 AUG | £1,775,000 | £448,845 | 295% above HPI |
2000 16 JUN | £1,300,000 | £405,139 | 221% above HPI |
The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The three 7 THE BISHOPS AVENUE sales between June 2000 and December 2023 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 2001 sale was for 295% above the HPI. So the extrapolation line tracks at 295% above the HPI over time, until the December 2023 sale, where it rises to 464% above the HPI. The line then continues to track at 464% above the HPI.
7 THE BISHOPS AVENUE is 934m² according to the EPC inspection conducted in March 2017. This puts it in the largest 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 7 THE BISHOPS AVENUE lies on this distribution: More than 99% of detached houses are smaller than 7 THE BISHOPS AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in London.
7 THE BISHOPS AVENUE sits on a plot of roughly 0.319 of an acre, or 1,293m². The below map shows the location of 7 THE BISHOPS AVENUE, 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 7 THE BISHOPS AVENUE). 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.
7 THE BISHOPS AVENUE is located in LONDON, in the N2 postcode district. The below map shows the position of No. 7 on THE BISHOPS AVENUE.