17, SPENCER DRIVE, LONDON, N2 0QT - £7,450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 SPENCER DRIVE is a very large detached house of 657m², built sometime between 1930 and 1949, which could now be worth an estimated £7,490,880. It was last sold for £7,450,000 in August 2021, which was around 374% above the average August 2021 detached price in the Barnet local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

17 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 17 SPENCER DRIVE 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 17 SPENCER DRIVE 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
2021 25 AUG	£7,450,000	£1,570,920	374% above HPI
2014 29 SEP	£3,300,000	£1,189,060	178% above HPI

17 SPENCER DRIVE 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 17 SPENCER DRIVE sales from September 2014 and August 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 2014 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the August 2021 sale, where it rises to 374% above the HPI. The line then continues to track at 374% above the HPI.

What might 17 SPENCER DRIVE be worth now?

17 SPENCER DRIVE might now be worth an estimated £7,490,880.

This is based on house price inflation of 0.5%, between August 2021 and October 2025, for detached houses, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 17 SPENCER DRIVE of £7,450,000 on 25th August 2021. For the value to have increased from £7,450,000 to £7,490,880 over the three years and ten months to October 2025, the following assumptions must hold true:

• The value of 17 SPENCER DRIVE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The August 2021 sale price of £7,450,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SPENCER DRIVE has not materially changed since August 2021.

How Large is 17 SPENCER DRIVE?

17 SPENCER DRIVE is 657m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses houses in Hampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hampstead, and where 17 SPENCER DRIVE lies on this distribution: 92% of detached houses houses are smaller than 17 SPENCER DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hampstead.

17 SPENCER DRIVE: Plot and Title Map

17 SPENCER DRIVE sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of 17 SPENCER DRIVE, 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 17 SPENCER DRIVE). 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 17 SPENCER DRIVE?

17 SPENCER DRIVE is located in LONDON, in the N2 postcode district. The below map shows the position of No. 17 on SPENCER DRIVE.