298, MAYS LANE, BARNET, EN5 2AH - £720,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

298 MAYS LANE is a large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £720,000 in April 2016, which was around 40% below the average April 2016 detached price in the Barnet local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

298 MAYS LANE Sold Prices

Land registry data shows two sales for 298 MAYS LANE 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. Both of the two 298 MAYS LANE 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
2016 19 APR	£720,000	£1,200,941	40% below HPI
2013 12 JUL	£573,000	£885,703	35% below HPI

298 MAYS LANE 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 298 MAYS LANE sales from July 2013 and April 2016 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 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 298 MAYS LANE?

298 MAYS LANE is 170m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses by size in Barnet, and where 298 MAYS LANE lies on this distribution: 69% of detached houses are smaller than 298 MAYS LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Barnet.

298 MAYS LANE: Plot and Title Map

298 MAYS LANE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 298 MAYS LANE, 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 298 MAYS LANE). 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 298 MAYS LANE?

298 MAYS LANE is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 298 on MAYS LANE.