THE OAK, BARNET LANE, LONDON, N20 8AU - £1,350,000

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

THE OAK is a large extended detached house of 217m², built sometime between 1967 and 1975. It was last sold for £1,350,000 in September 2022, which was around 9% below the average September 2022 detached price in the Barnet local authority area. The most recent EPC inspection was February 2024, where the current energy rating was F, and the potential energy rating was C.

THE OAK Sold Prices

Land registry data shows two sales for THE OAK 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. One of the two THE OAK sales was for below the average price, whilst the other was 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 29 SEP	£1,350,000	£1,478,517	9% below HPI
2000 24 OCT	£470,000	£432,551	9% above HPI

THE OAK 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 OAK sales from October 2000 and September 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 October 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is THE OAK?

THE OAK is 217m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% 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 OAK lies on this distribution: 79% of detached houses are smaller than THE OAK, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

THE OAK: Plot and Title Map

THE OAK sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of THE OAK, 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 OAK). 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 OAK?

THE OAK is located on BARNET LANE in LONDON, in the N20 postcode district. The below map shows the position of THE OAK on BARNET LANE.