BUNKERS DIP, NEVILLE DRIVE, LONDON, N2 0QR - £5,050,000

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

BUNKERS DIP is a large extended detached house of 335m², built sometime between 1930 and 1949, which could now be worth an estimated £4,823,151. It was last sold for £5,050,000 in July 2024, which was around 210% above the average July 2024 detached price in the Barnet local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

BUNKERS DIP Sold Prices

Land registry data shows two sales for BUNKERS DIP 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 BUNKERS DIP 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
2024 30 JUL	£5,050,000	£1,630,880	210% above HPI
2009 12 JUN	£1,725,000	£740,513	133% above HPI

BUNKERS DIP 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 BUNKERS DIP sales from June 2009 and July 2024 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 June 2009 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the July 2024 sale, where it rises to 210% above the HPI. The line then continues to track at 210% above the HPI.

What might BUNKERS DIP be worth now?

BUNKERS DIP might now be worth an estimated £4,823,151.

This is based on house price deflation of 4.5%, between July 2024 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 4.5% deflationary decrease is applied to the most recent sale price for BUNKERS DIP of £5,050,000 on 30th July 2024. For the value to have decreased from £5,050,000 to £4,823,151 over the seven months to December 2024, the following assumptions must hold true:

• The value of BUNKERS DIP has moved in line with the HPI for detached houses in the Barnet local authority area.
• The July 2024 sale price of £5,050,000 represented a fair market value for the property.
• The size, condition, and specification of BUNKERS DIP has not materially changed since July 2024.

How Large is BUNKERS DIP?

BUNKERS DIP is 335m², which includes three extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% 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 BUNKERS DIP lies on this distribution: 67% of detached houses houses are smaller than BUNKERS DIP, and 32% of houses are larger. Note that EPC data is not available for all properties in Hampstead.

BUNKERS DIP: Plot and Title Map

BUNKERS DIP sits on a plot of roughly 0.302 of an acre, or 1,223m². The below map shows the location of BUNKERS DIP, 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 BUNKERS DIP). 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 BUNKERS DIP?

BUNKERS DIP is located on NEVILLE DRIVE in LONDON, in the N2 postcode district. The below map shows the position of BUNKERS DIP on NEVILLE DRIVE.