THE COTTAGE, LAMBERT ROAD, LONDON, N12 9ER - £240,000

THE COTTAGE is a very small detached house of 65m², built sometime between 1900 and 1929. It was last sold for £240,000 in October 2006, which was around 63% below the average October 2006 detached price in the Barnet local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the four THE COTTAGE 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
2006 16 OCT	£240,000	£653,474	63% below HPI
2002 27 MAR	£232,500	£482,014	52% below HPI
1998 4 SEP	£150,000	£304,647	51% below HPI
1995 8 DEC	£88,000	£212,103	59% below HPI

THE COTTAGE 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 four THE COTTAGE sales between December 1995 and October 2006 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 2002 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2006 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 65m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Finchley, based on EPC data. The below chart shows the distribution of detached houses by size in Finchley, and where THE COTTAGE lies on this distribution: 3% of detached houses are smaller than THE COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Finchley.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of THE COTTAGE, 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 COTTAGE). 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 COTTAGE?

THE COTTAGE is located on LAMBERT ROAD in LONDON, in the N12 postcode district. The below map shows the position of THE COTTAGE on LAMBERT ROAD.