HIGH PROSPECT, ARKLEY DRIVE, BARNET, EN5 3LN - £3,125,000

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

HIGH PROSPECT is a very large detached house of 469m². It was last sold for £3,125,000 in November 2020, which was around 147% above the average November 2020 detached price in the Barnet local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was B.

HIGH PROSPECT Sold Prices

Land registry data shows two sales for HIGH PROSPECT 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 HIGH PROSPECT 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
2020 20 NOV	£3,125,000	£1,266,385	147% above HPI
2018 2 MAY	£1,600,000	£1,209,900	32% above HPI

HIGH PROSPECT 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 HIGH PROSPECT sales from May 2018 and November 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 May 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2020 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

How Large is HIGH PROSPECT?

HIGH PROSPECT is 469m² according to the EPC inspection conducted in October 2020. This puts it in the largest 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 HIGH PROSPECT lies on this distribution: 98% of detached houses are smaller than HIGH PROSPECT, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

HIGH PROSPECT: Plot and Title Map

HIGH PROSPECT sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of HIGH PROSPECT, 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 HIGH PROSPECT). 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 HIGH PROSPECT?

HIGH PROSPECT is located on ARKLEY DRIVE in BARNET, in the EN5 postcode district. The below map shows the position of HIGH PROSPECT on ARKLEY DRIVE.