5, ELM PARK GARDENS, LONDON, NW4 2PJ - £1,120,000

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.

5 ELM PARK GARDENS is a very small extended detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £1,206,698. It was last sold for £1,120,000 in March 2021, which was around 23% below the average March 2021 detached price in the Barnet local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was D.

5 ELM PARK GARDENS Sold Prices

Land registry data shows two sales for 5 ELM PARK GARDENS 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 5 ELM PARK GARDENS 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 1 MAR	£1,120,000	£1,449,450	23% below HPI
2011 10 FEB	£495,000	£925,535	47% below HPI

5 ELM PARK GARDENS 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 5 ELM PARK GARDENS sales from February 2011 and March 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 February 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 ELM PARK GARDENS be worth now?

5 ELM PARK GARDENS might now be worth an estimated £1,206,698.

This is based on house price inflation of 7.7%, between March 2021 and March 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 7.7% inflationary increase is applied to the most recent sale price for 5 ELM PARK GARDENS of £1,120,000 on 1st March 2021. For the value to have increased from £1,120,000 to £1,206,698 over the four years to March 2025, the following assumptions must hold true:

• The value of 5 ELM PARK GARDENS has moved in line with the HPI for detached houses in the Barnet local authority area.
• The March 2021 sale price of £1,120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM PARK GARDENS has not materially changed since March 2021.

How Large is 5 ELM PARK GARDENS?

5 ELM PARK GARDENS is 106m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses houses in Hendon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hendon, and where 5 ELM PARK GARDENS lies on this distribution: 9% of detached houses houses are smaller than 5 ELM PARK GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Hendon.

5 ELM PARK GARDENS: Plot and Title Map

5 ELM PARK GARDENS sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 5 ELM PARK GARDENS, 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 5 ELM PARK GARDENS). 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 5 ELM PARK GARDENS?

5 ELM PARK GARDENS is located in LONDON, in the NW4 postcode district. The below map shows the position of No. 5 on ELM PARK GARDENS.