THE BAKERY, 45A, QUEENS AVENUE, LONDON, N21 3JH - £417,500

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

THE BAKERY is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £417,500 in September 2021, which was around 59% below the average September 2021 detached price in the Enfield local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

THE BAKERY Sold Prices

Land registry data shows four sales for THE BAKERY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the four THE BAKERY 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 17 SEP	£417,500	£1,023,505	59% below HPI
2014 10 JAN	£345,000	£643,695	46% below HPI
1999 15 SEP	£95,000	£261,282	64% below HPI
1996 1 APR	£70,000	£171,555	59% below HPI

THE BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The four THE BAKERY sales between April 1996 and September 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 January 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2021 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is THE BAKERY?

THE BAKERY is 66m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 THE BAKERY lies on this distribution: 3% of detached houses are smaller than THE BAKERY, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

THE BAKERY: Plot and Title Map

THE BAKERY sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of THE BAKERY, 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 THE BAKERY). 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 THE BAKERY?

THE BAKERY is located on QUEENS AVENUE in LONDON, in the N21 postcode district. The below map shows the position of THE BAKERY on QUEENS AVENUE.