8, TARNBANK, ENFIELD, EN2 7JX - £515,000

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

8 TARNBANK is a very small detached house of 52m², built sometime between 1950 and 1966. It was last sold for £515,000 in July 2020, which was around 44% below the average July 2020 detached price in the Enfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

8 TARNBANK Sold Prices

Land registry data shows three sales for 8 TARNBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the three 8 TARNBANK 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
2020 31 JUL	£515,000	£921,207	44% below HPI
2002 26 NOV	£240,000	£424,545	43% below HPI
2002 26 JUN	£165,000	£365,786	55% below HPI

8 TARNBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The three 8 TARNBANK sales between June 2002 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 November 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 8 TARNBANK?

8 TARNBANK is 52m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 8 TARNBANK lies on this distribution: 1% of detached houses are smaller than 8 TARNBANK, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

8 TARNBANK: Plot and Title Map

8 TARNBANK sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 8 TARNBANK, 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 TARNBANK). 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 TARNBANK?

8 TARNBANK is located in ENFIELD, in the EN2 postcode district. The below map shows the position of No. 8 on TARNBANK.