DRAKE HOUSE, HADLEY GREEN, BARNET, EN5 4PQ - £1,400,000

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

DRAKE HOUSE is a large extended detached house of 213m², built sometime between 1983 and 1990, which could now be worth an estimated £1,569,680. It was last sold for £1,400,000 in September 2016, which was around 1% above the average September 2016 detached price in the Barnet local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

DRAKE HOUSE Sold Prices

Land registry data shows three sales for DRAKE HOUSE since 1^st 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 DRAKE HOUSE 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
2016 9 SEP	£1,400,000	£1,388,370	1% above HPI
2006 8 DEC	£850,000	£754,131	13% above HPI
2000 13 OCT	£675,000	£493,310	37% above HPI

DRAKE HOUSE 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 three DRAKE HOUSE sales between October 2000 and September 2016 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 December 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might DRAKE HOUSE be worth now?

DRAKE HOUSE might now be worth an estimated £1,569,680.

This is based on house price inflation of 12.1%, between September 2016 and February 2025, 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 12.1% inflationary increase is applied to the most recent sale price for DRAKE HOUSE of £1,400,000 on 9th September 2016. For the value to have increased from £1,400,000 to £1,569,680 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of DRAKE HOUSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The September 2016 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of DRAKE HOUSE has not materially changed since September 2016.

How Large is DRAKE HOUSE?

DRAKE HOUSE is 213m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where DRAKE HOUSE lies on this distribution: 78% of detached houses houses are smaller than DRAKE HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in London.

DRAKE HOUSE: Plot and Title Map

DRAKE HOUSE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of DRAKE HOUSE, 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 DRAKE HOUSE). 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 DRAKE HOUSE?

DRAKE HOUSE is located on HADLEY GREEN in BARNET, in the EN5 postcode district. The below map shows the position of DRAKE HOUSE on HADLEY GREEN.