3, GALLEY LANE, BARNET, EN5 4AR - £1,320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 GALLEY LANE is a very large extended detached house of 292m², built sometime between 1976 and 1982. It was last sold for £1,320,000 in September 2019, which was around 8% above the average September 2019 detached price in the Barnet local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

3 GALLEY LANE Sold Prices

Land registry data shows three sales for 3 GALLEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the three 3 GALLEY LANE 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
2019 18 SEP	£1,320,000	£1,225,412	8% above HPI
2000 27 OCT	£685,000	£432,551	58% above HPI
2000 14 JAN	£630,000	£372,457	69% above HPI

3 GALLEY 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 three 3 GALLEY LANE sales between January 2000 and September 2019 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 October 2000 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 3 GALLEY LANE?

3 GALLEY LANE is 292m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses by size in Barnet, and where 3 GALLEY LANE lies on this distribution: 95% of detached houses are smaller than 3 GALLEY LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Barnet.

3 GALLEY LANE: Plot and Title Map

3 GALLEY LANE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 3 GALLEY 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 3 GALLEY 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 3 GALLEY LANE?

3 GALLEY LANE is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 3 on GALLEY LANE.