38, Norrice Lea
38, Norrice Lea
Description & Estimates
38, Norrice Lea is recorded publicly as an early-century freehold house across 4,068 ft2 of internal area, sitting on a 1,063 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 38, Norrice Lea is £7,843,333 and its rental estimate is £10,116 per month, given the available information and assuming reasonable condition.
Norrice Lea, London, N2 falls within the N2 postal district, in the borough of Barnet.
Our Data Sources
38, Norrice Lea has 21 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Norrice Lea, we estimate a market value of £8,235,500 and a rental value of £10,621 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £7,294,300 and £9,408 per month respectively.
Recent Market Change
Over the last year, 38, Norrice Lea has seen its estimated sale value drop by £104,565 (1.3%) and its estimated rental value rise by £495 per month (4.9%). This results in an estimated gross rental yield of 1.5%.
Plot Size
HM Land Registry records the plot of land for 38, Norrice Lea as measuring 1,063 m2.
That makes it the largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
38, Norrice Lea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Norrice Lea completed on 28th February 2018 at £4,275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 61.1% over the period since February 2018.
- Sold Feb 2018£4,275,000
- Sold Jan 1996£787,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 760 metres of 38, Norrice Lea, per the Land Registry and our network of Estate Agents.
The latest, on the 13th October 2022, was 42, Norrice Lea, London, N2 0RJ, a freehold house which sold for £6,000,000.
Read more about house prices in N2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 49 addresses on Norrice Lea, London, N2, 38, Norrice Lea comes out as the 5th largest and the most expensive in our analysis of the public data.
It is also £6.868m more expensive than the average property across the N2 district.
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Schools Nearby
- 1.2kmHoly Trinity CofE Primary School
- 1.3kmHighgate Primary School
- 1.4kmBrookland Junior School
- 1.1kmThe Henrietta Barnett School
- 1.2kmThe Archer Academy
- 1.4kmChrist's College Finchley
More reading links
Public Transport Nearby
From 38, Norrice Lea, the nearest station is East Finchley, 900 metres away.
- 900mEast Finchley
- 1.7kmGolders Green
- 2.0kmHighgate
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
