THE LODGE, ELSCOT HOUSE, ARCADIA AVENUE, LONDON, N3 2JF - £550,000

THE LODGE is a very small extended detached house of 68m², built sometime between 1976 and 1982. It was last sold for £550,000 in January 2023, which was around 63% below the average January 2023 detached price in the Barnet local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows six sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the six THE 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
2023 16 JAN	£550,000	£1,479,628	63% below HPI
2014 18 JUL	£450,000	£1,009,742	55% below HPI
2010 12 AUG	£279,000	£795,325	65% below HPI
2005 18 MAY	£215,000	£589,551	64% below HPI
2002 8 FEB	£177,500	£475,011	63% below HPI
2000 12 MAY	£120,000	£399,893	70% below HPI

THE 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 six THE LODGE sales between May 2000 and January 2023 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 July 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2023 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is THE LODGE?

THE LODGE is 68m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 LODGE lies on this distribution: 4% of detached houses are smaller than THE LODGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Finchley.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE, ELSCOT HOUSE is located on ARCADIA AVENUE in LONDON, in the N3 postcode district. The below map shows the position of THE LODGE, ELSCOT HOUSE on ARCADIA AVENUE.