8, THE DRIVE, NEW BARNET, BARNET, EN5 1DZ - £1,800,000

8 THE DRIVE is a very large extended detached house of 433m², built sometime between 1930 and 1949. It was last sold for £1,800,000 in October 2016, which was around 48% above the average October 2016 detached price in the Barnet local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 THE DRIVE Sold Prices

Land registry data shows two sales for 8 THE 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. One of the two 8 THE DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2016 28 OCT	£1,800,000	£1,216,054	48% above HPI
2011 7 MAR	£838,000	£835,659	Close to HPI

8 THE 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 8 THE DRIVE sales from March 2011 and October 2016 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 March 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2016 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 8 THE DRIVE?

8 THE DRIVE is 433m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses by size in Barnet, and where 8 THE DRIVE lies on this distribution: More than 99% of detached houses are smaller than 8 THE DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Barnet.

8 THE DRIVE: Plot and Title Map

8 THE DRIVE sits on a plot of roughly 0.307 of an acre, or 1,243m². The below map shows the location of 8 THE 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 8 THE 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 8 THE DRIVE?

8 THE DRIVE is located in NEW BARNET, in the EN5 postcode district. The below map shows the position of No. 8 on THE DRIVE.