DRUMMOND LODGE, GLENGALL ROAD, EDGWARE, HA8 8RA - £450,000

DRUMMOND LODGE is a very small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £450,000 in February 2014, which was around 52% below the average February 2014 detached price in the Barnet local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

DRUMMOND LODGE Sold Prices

Land registry data shows three sales for DRUMMOND LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the three DRUMMOND LODGE 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
2014 21 FEB	£450,000	£936,432	52% below HPI
2008 22 FEB	£385,000	£755,047	49% below HPI
2000 12 JUL	£195,000	£412,825	53% below HPI

DRUMMOND LODGE 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 three DRUMMOND LODGE sales between July 2000 and February 2014 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 February 2008 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2014 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is DRUMMOND LODGE?

DRUMMOND LODGE is 101m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses by size in Edgware, and where DRUMMOND LODGE lies on this distribution: 8% of detached houses are smaller than DRUMMOND LODGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Edgware.

DRUMMOND LODGE: Plot and Title Map

DRUMMOND LODGE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of DRUMMOND LODGE, 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 DRUMMOND LODGE). 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 DRUMMOND LODGE?

DRUMMOND LODGE is located on GLENGALL ROAD in EDGWARE, in the HA8 postcode district. The below map shows the position of DRUMMOND LODGE on GLENGALL ROAD.