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£1,402,000 below fair value

N2 0BD

Winnington Road, Hampstead Garden Suburb, London, N2

8 Beds
9 Baths
1191 m² Floor area
Type Detached
Listed 15 May 2026
Asking price £12,300,000
Price per m² £10,327 / m²

Substantial plot with planning permission to build a new 12,820 sq ft mansion. Plot offered for sale with a guide price of £5,450,000 exclusive of development costs.

Description

Gaywoods is set on 0.45 acres, south-east facing plot with planning consent (25/2665/FUL) to demolish the existing house and construct a new 8 bedroom, state of the art mansion which would extend to circa 12,820sqft. The house is one of the few remaining properties of its type to qualify for such planning permission and would replace the existing 1960 house (2682 sqft / 249 sqm) which has been in the same family ownership since first construction. The proposed redevelopment would create a striking family home with the ability to create extensive leisure amenity to include private spa including a large swimming pool, gymnasium and media/home cinema.

The property is offered for sale as a development site with a guide price of £5,450,000, subject to contract and exclusive of any development costs.

The £12,300,000 figure quoted in this listing is provided strictly for illustrative purposes and represents an estimated total project cost, comprising the guide price for the property and indicative construction costs based on the existing planning permission.

No representation or warranty is given as to the accuracy or completeness of these cost estimates, and they should not be relied upon as a statement of fact. All figures are subject to change and may vary depending on specification, procurement route, market conditions, and other factors.

Prospective purchasers must rely on their own investigations and the advice of their professional advisers in respect of all aspects of the acquisition and proposed development.

NB. The images are computer generated to provide an indicative guide as to how the house could look. The house is not constructed and would allow an incoming buyer to work with their own contractors to personalise the specification and obtain formal HGS Trust consent which is required.

Proposed Accommodation & Features:
Large Entrance Hall
Formal Living Room
Formal Dining Room
Large Family Kitchen
Family Living Room
Home Office / Study
Principal Bedroom with Two Dressing Rooms and Bathroom
Seven Further Bedrooms Suites
Guest Cloakroom / WC
Swimming Pool
Gym/Studio
Jacuzzi / Sauna / Steam
Utility / Laundry Room
Garden to front and rear
Driveway with Parking
Garage

Location

Winnington Road is one of Hampstead’s most popular residential avenues and is located off Hampstead Lane (B519) at its southern junction and Lyttelton Road (A1) at its northern end. It is located close to London’s major road network, affording access to London’s Heathrow Airport, together with London Stansted, Luton & Gatwick. The property is within 500m of Hampstead Heath and Hampstead Golf Course is immediately opposite.
This highly sought after location has much to offer from the impressive shopping at Hampstead and Highgate Villages with their abundance of stylish boutiques, independent shops and artisan food stores to the idyllic green spaces of Hampstead Heath and Kenwood. The area also boasts an excellent selection of top-performing schools, many of which regularly achieve some of the best exam results in the country.

Square Footage: 12,820 sq ft


Acreage: 0.45 Acres

How the asking price has moved

May 2026
£12,300,000
Listed at original asking price

Winnington Road, Hampstead Garden Suburb, London, N2

Our fair price estimate
£13,702,000
Nearby sold prices per m² × UK HPI × 1191 m² floor area (EPC-declared)
Asking price £12,300,000
Fair price £13,702,000
Difference ↓ £1,402,000 under
Price per m² £10,327 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 1191 m². Updated daily.