8, PARK GROVE, EDGWARE, HA8 7SJ - £972,500

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

8 PARK GROVE is a midsized extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £972,500 in July 2022, which was around 34% below the average July 2022 detached price in the Barnet local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

8 PARK GROVE Sold Prices

Land registry data shows two sales for 8 PARK GROVE 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 8 PARK GROVE 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
2022 21 JUL	£972,500	£1,462,845	34% below HPI
2013 22 NOV	£638,500	£915,233	30% below HPI

8 PARK GROVE 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 8 PARK GROVE sales from November 2013 and July 2022 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 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 PARK GROVE?

8 PARK GROVE is 147m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses by size in Edgware, and where 8 PARK GROVE lies on this distribution: 43% of detached houses are smaller than 8 PARK GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Edgware.

8 PARK GROVE: Plot and Title Map

8 PARK GROVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 8 PARK GROVE, 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 8 PARK GROVE). 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 8 PARK GROVE?

8 PARK GROVE is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 8 on PARK GROVE.