37, GALLEY LANE, BARNET, EN5 4AR - £1,175,000

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.

37 GALLEY LANE is a large detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £1,245,677. It was last sold for £1,175,000 in June 2021, which was around 20% below the average June 2021 detached price in the Barnet local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

37 GALLEY LANE Sold Prices

Land registry data shows two sales for 37 GALLEY 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 37 GALLEY 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
2021 25 JUN	£1,175,000	£1,468,320	20% below HPI
2016 23 JUN	£600,000	£1,394,420	57% below HPI

37 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 two 37 GALLEY LANE sales from June 2016 and June 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 June 2016 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 37 GALLEY LANE be worth now?

37 GALLEY LANE might now be worth an estimated £1,245,677.

This is based on house price inflation of 6%, between June 2021 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 6% inflationary increase is applied to the most recent sale price for 37 GALLEY LANE of £1,175,000 on 25th June 2021. For the value to have increased from £1,175,000 to £1,245,677 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 37 GALLEY LANE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The June 2021 sale price of £1,175,000 represented a fair market value for the property.
• The size, condition, and specification of 37 GALLEY LANE has not materially changed since June 2021.

How Large is 37 GALLEY LANE?

37 GALLEY LANE is 155m² according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnet, and where 37 GALLEY LANE lies on this distribution: 61% of detached houses houses are smaller than 37 GALLEY LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Barnet.

37 GALLEY LANE: Plot and Title Map

37 GALLEY LANE sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 37 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 37 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 37 GALLEY LANE?

37 GALLEY LANE is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 37 on GALLEY LANE.