PRESTON COTTAGE, HADLEY GREEN, BARNET, EN5 4PS - £975,000

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

PRESTON COTTAGE is a large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £975,000 in June 2021, which was around 24% below the average June 2021 detached price in the Barnet local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

PRESTON COTTAGE Sold Prices

Land registry data shows five sales for PRESTON COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the five PRESTON COTTAGE 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
2021 30 JUN	£975,000	£1,287,470	24% below HPI
2013 9 SEP	£710,000	£906,901	22% below HPI
2012 26 JAN	£675,000	£819,572	18% below HPI
2012 16 JAN	£550,000	£819,572	33% below HPI
1999 6 MAR	£200,000	£307,406	35% below HPI

PRESTON COTTAGE 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 five PRESTON COTTAGE sales between March 1999 and June 2021 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 September 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is PRESTON COTTAGE?

PRESTON COTTAGE is 171m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where PRESTON COTTAGE lies on this distribution: 64% of detached houses are smaller than PRESTON COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.

PRESTON COTTAGE: Plot and Title Map

PRESTON COTTAGE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of PRESTON COTTAGE, 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 PRESTON COTTAGE). 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 PRESTON COTTAGE?

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