DRUMMOND LODGE, GLENGALL ROAD, EDGWARE, HA8 8RA - £450,000

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

DRUMMOND LODGE is a very small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £450,000 in February 2014, which was around 58% below the average February 2014 detached price in the Barnet local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

DRUMMOND LODGE Sold Prices

Land registry data shows three sales for DRUMMOND LODGE 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 DRUMMOND LODGE 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
2014 21 FEB	£450,000	£1,067,970	58% below HPI
2008 22 FEB	£385,000	£861,107	55% below HPI
2000 12 JUL	£195,000	£470,813	59% below HPI

DRUMMOND LODGE 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 DRUMMOND LODGE sales between July 2000 and February 2014 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 February 2008 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2014 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might DRUMMOND LODGE be worth now?

DRUMMOND LODGE might now be worth an estimated £656,319.

This is based on house price inflation of 45.8%, between February 2014 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 45.8% inflationary increase is applied to the most recent sale price for DRUMMOND LODGE of £450,000 on 21st February 2014. For the value to have increased from £450,000 to £656,319 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of DRUMMOND LODGE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The February 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of DRUMMOND LODGE has not materially changed since February 2014.

How Large is DRUMMOND LODGE?

DRUMMOND LODGE is 96m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgware, and where DRUMMOND LODGE lies on this distribution: 6% of detached houses houses are smaller than DRUMMOND LODGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Edgware.

DRUMMOND LODGE: Plot and Title Map

DRUMMOND LODGE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of DRUMMOND LODGE, 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 DRUMMOND LODGE). 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 DRUMMOND LODGE?

DRUMMOND LODGE is located on GLENGALL ROAD in EDGWARE, in the HA8 postcode district. The below map shows the position of DRUMMOND LODGE on GLENGALL ROAD.