3, MEADWAY CLOSE, LONDON, NW11 7BA - £2,275,000

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.

3 MEADWAY CLOSE is a large detached house of 218m², built sometime between 1900 and 1929, which could now be worth an estimated £3,876,851. It was last sold for £2,275,000 in September 2011, which was around 149% above the average September 2011 detached price in the Barnet local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.

3 MEADWAY CLOSE Sold Prices

Land registry data shows five sales for 3 MEADWAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the five 3 MEADWAY CLOSE 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
2011 2 SEP	£2,275,000	£913,462	149% above HPI
2002 9 AUG	£1,695,000	£607,666	179% above HPI
1999 3 SEP	£1,200,000	£400,551	200% above HPI
1997 14 MAR	£650,000	£271,744	139% above HPI
1996 27 SEP	£595,000	£261,637	127% above HPI

3 MEADWAY 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 five 3 MEADWAY CLOSE sales between September 1996 and September 2011 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 August 2002 sale was for 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the September 2011 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might 3 MEADWAY CLOSE be worth now?

3 MEADWAY CLOSE might now be worth an estimated £3,876,851.

This is based on house price inflation of 70.4%, between September 2011 and February 2025, 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 70.4% inflationary increase is applied to the most recent sale price for 3 MEADWAY CLOSE of £2,275,000 on 2nd September 2011. For the value to have increased from £2,275,000 to £3,876,851 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 MEADWAY CLOSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The September 2011 sale price of £2,275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADWAY CLOSE has not materially changed since September 2011.

How Large is 3 MEADWAY CLOSE?

3 MEADWAY CLOSE is 218m² according to the EPC inspection conducted in February 2010. 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 3 MEADWAY CLOSE lies on this distribution: 79% of detached houses houses are smaller than 3 MEADWAY CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

3 MEADWAY CLOSE: Plot and Title Map

3 MEADWAY CLOSE sits on a plot of roughly 2.8 acres, or 11,218m². The below map shows the location of 3 MEADWAY 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 3 MEADWAY 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 3 MEADWAY CLOSE?

3 MEADWAY CLOSE is located in LONDON, in the NW11 postcode district. The below map shows the position of No. 3 on MEADWAY CLOSE.