THE HERMITAGE, HADLEY COMMON, BARNET, EN5 5QE - £6,900,000

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

THE HERMITAGE is a very large extended detached house of 532m², built sometime between 2007 and 2011. It was last sold for £6,900,000 in May 2022, which was around 378% above the average May 2022 detached price in the Barnet local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

THE HERMITAGE Sold Prices

Land registry data shows two sales for THE HERMITAGE 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 THE HERMITAGE 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
2022 27 MAY	£6,900,000	£1,444,544	378% above HPI
1999 30 APR	£1,294,000	£308,966	319% above HPI

THE HERMITAGE 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 THE HERMITAGE sales from April 1999 and May 2022 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 April 1999 sale was for 319% above the HPI. So the extrapolation line tracks at 319% above the HPI over time, until the May 2022 sale, where it rises to 378% above the HPI. The line then continues to track at 378% above the HPI.

How Large is THE HERMITAGE?

THE HERMITAGE is 532m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 THE HERMITAGE lies on this distribution: 98% of detached houses are smaller than THE HERMITAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

THE HERMITAGE: Plot and Title Map

THE HERMITAGE sits on a plot of roughly 0.951 of an acre, or 3,847m². The below map shows the location of THE HERMITAGE, 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 HERMITAGE). 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 HERMITAGE?

THE HERMITAGE is located on HADLEY COMMON in BARNET, in the EN5 postcode district. The below map shows the position of THE HERMITAGE on HADLEY COMMON.