31, LEE CLOSE, BARNET, EN5 5HP - £800,000

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

31 LEE CLOSE is a midsized extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £800,000 in April 2021, which was around 37% below the average April 2021 detached price in the Barnet local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

31 LEE CLOSE Sold Prices

Land registry data shows two sales for 31 LEE 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. Both of the two 31 LEE CLOSE 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
2021 30 APR	£800,000	£1,261,856	37% below HPI
1997 3 OCT	£150,000	£276,066	46% below HPI

31 LEE 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 31 LEE CLOSE sales from October 1997 and April 2021 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 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 31 LEE CLOSE?

31 LEE CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses by size in Barnet, and where 31 LEE CLOSE lies on this distribution: 45% of detached houses are smaller than 31 LEE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Barnet.

31 LEE CLOSE: Plot and Title Map

31 LEE CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 31 LEE 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 31 LEE 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 31 LEE CLOSE?

31 LEE CLOSE is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 31 on LEE CLOSE.