5, FARNSWORTH DRIVE, EDGWARE, HA8 8FU - £685,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FARNSWORTH DRIVE is a very small detached house of 111m². It was last sold for £685,000 in October 2024, which was around 57% below the average October 2024 detached price in the Barnet local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

5 FARNSWORTH DRIVE Sold Prices

Land registry data shows two sales for 5 FARNSWORTH DRIVE 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 FARNSWORTH DRIVE 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
2024 9 OCT	£685,000	£1,606,270	57% below HPI
2017 2 JUN	£635,000	£1,370,930	54% below HPI

5 FARNSWORTH DRIVE 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 FARNSWORTH DRIVE sales from June 2017 and October 2024 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 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the October 2024 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 5 FARNSWORTH DRIVE be worth now?

5 FARNSWORTH DRIVE might now be worth an estimated £664,253.

This is based on house price deflation of 3%, between October 2024 and December 2024, 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 3% deflationary decrease is applied to the most recent sale price for 5 FARNSWORTH DRIVE of £685,000 on 9th October 2024. For the value to have decreased from £685,000 to £664,253 over the ten months to December 2024, the following assumptions must hold true:

• The value of 5 FARNSWORTH DRIVE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The October 2024 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARNSWORTH DRIVE has not materially changed since October 2024.

How Large is 5 FARNSWORTH DRIVE?

5 FARNSWORTH DRIVE is 111m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgware, and where 5 FARNSWORTH DRIVE lies on this distribution: 13% of detached houses houses are smaller than 5 FARNSWORTH DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Edgware.

5 FARNSWORTH DRIVE: Plot and Title Map

5 FARNSWORTH DRIVE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 5 FARNSWORTH DRIVE, 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 FARNSWORTH DRIVE). 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 FARNSWORTH DRIVE?

5 FARNSWORTH DRIVE is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 5 on FARNSWORTH DRIVE.