2, GRANTHAM CLOSE, EDGWARE, HA8 8DL - £1,260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GRANTHAM CLOSE is a large detached house of 197m², built sometime between 1967 and 1975. It was last sold for £1,260,000 in March 2020, which was around 10% below the average March 2020 detached price in the Barnet local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 GRANTHAM CLOSE Sold Prices

Land registry data shows two sales for 2 GRANTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. One of the two 2 GRANTHAM CLOSE sales was for below the average price, whilst the other was 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 20 MAR	£1,260,000	£1,402,230	10% below HPI
2000 28 SEP	£565,000	£491,213	15% above HPI

2 GRANTHAM CLOSE 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 two 2 GRANTHAM CLOSE sales from September 2000 and March 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 September 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 GRANTHAM CLOSE be worth now?

2 GRANTHAM CLOSE might now be worth an estimated £1,399,629.

This is based on house price inflation of 11.1%, between March 2020 and December 2024, for detached houses, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for 2 GRANTHAM CLOSE of £1,260,000 on 20th March 2020. For the value to have increased from £1,260,000 to £1,399,629 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 2 GRANTHAM CLOSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The March 2020 sale price of £1,260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANTHAM CLOSE has not materially changed since March 2020.

How Large is 2 GRANTHAM CLOSE?

2 GRANTHAM CLOSE is 197m² according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgware, and where 2 GRANTHAM CLOSE lies on this distribution: 77% of detached houses houses are smaller than 2 GRANTHAM CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Edgware.

2 GRANTHAM CLOSE: Plot and Title Map

2 GRANTHAM CLOSE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 2 GRANTHAM CLOSE, 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 2 GRANTHAM CLOSE). 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 2 GRANTHAM CLOSE?

2 GRANTHAM CLOSE is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 2 on GRANTHAM CLOSE.