15, THE GRANGEWAY, LONDON, N21 2HB - £1,475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE GRANGEWAY is a large extended detached house of 217m², built sometime between 1900 and 1929, which could now be worth an estimated £1,591,202. It was last sold for £1,475,000 in December 2020, which was around 30% above the average December 2020 detached price in the Enfield local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

15 THE GRANGEWAY Sold Prices

Land registry data shows two sales for 15 THE GRANGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. Both of the two 15 THE GRANGEWAY sales were for above 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
2020 3 DEC	£1,475,000	£1,131,870	30% above HPI
2017 13 DEC	£1,100,000	£1,056,520	4% above HPI

15 THE GRANGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The two 15 THE GRANGEWAY sales from December 2017 and December 2020 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 December 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 15 THE GRANGEWAY be worth now?

15 THE GRANGEWAY might now be worth an estimated £1,591,202.

This is based on house price inflation of 7.9%, between December 2020 and February 2025, for detached houses, in the Enfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 15 THE GRANGEWAY of £1,475,000 on 3rd December 2020. For the value to have increased from £1,475,000 to £1,591,202 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 THE GRANGEWAY has moved in line with the HPI for detached houses in the Enfield local authority area.
• The December 2020 sale price of £1,475,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE GRANGEWAY has not materially changed since December 2020.

How Large is 15 THE GRANGEWAY?

15 THE GRANGEWAY is 217m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 15 THE GRANGEWAY lies on this distribution: 79% of detached houses houses are smaller than 15 THE GRANGEWAY, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

15 THE GRANGEWAY: Plot and Title Map

15 THE GRANGEWAY sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 15 THE GRANGEWAY, 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 15 THE GRANGEWAY). 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 15 THE GRANGEWAY?

15 THE GRANGEWAY is located in LONDON, in the N21 postcode district. The below map shows the position of No. 15 on THE GRANGEWAY.