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
42 BARNET GATE LANE is a midsized extended detached house of 155m², built sometime between 1900 and 1929. It was last sold for £725,000 in August 2007, which was around 2% below the average August 2007 detached price in the Barnet local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 42 BARNET GATE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Most of the four 42 BARNET GATE 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 |
---|---|---|---|
2007 7 AUG | £725,000 | £737,980 | 2% below HPI |
2003 23 DEC | £565,000 | £573,087 | 1% below HPI |
1996 17 JUL | £320,000 | £213,806 | 50% above HPI |
1995 31 MAY | £180,000 | £208,748 | 14% below HPI |
The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The four 42 BARNET GATE LANE sales between May 1995 and August 2007 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 December 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2007 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
42 BARNET GATE LANE is 155m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 42 BARNET GATE LANE lies on this distribution: 56% of detached houses are smaller than 42 BARNET GATE LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in London.
42 BARNET GATE LANE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 42 BARNET GATE 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 42 BARNET GATE 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.
42 BARNET GATE LANE is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 42 on BARNET GATE LANE.