5, MORLAND CLOSE, LONDON, NW11 7JG - £3,500,000

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 MORLAND CLOSE is a very large extended detached house of 240m², built sometime between 1900 and 1929, which could now be worth an estimated £3,260,759. It was last sold for £3,500,000 in June 2022, which was around 109% above the average June 2022 detached price in the Barnet local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

5 MORLAND CLOSE Sold Prices

Land registry data shows three sales for 5 MORLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the three 5 MORLAND CLOSE sales were for above 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
2022 29 JUN	£3,500,000	£1,670,850	109% above HPI
2013 28 MAY	£2,350,000	£978,596	140% above HPI
2002 15 AUG	£1,325,000	£607,666	118% above HPI

5 MORLAND 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 three 5 MORLAND CLOSE sales between August 2002 and June 2022 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 May 2013 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the June 2022 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 5 MORLAND CLOSE be worth now?

5 MORLAND CLOSE might now be worth an estimated £3,260,759.

This is based on house price deflation of 6.8%, between June 2022 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 6.8% deflationary decrease is applied to the most recent sale price for 5 MORLAND CLOSE of £3,500,000 on 29th June 2022. For the value to have decreased from £3,500,000 to £3,260,759 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 5 MORLAND CLOSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The June 2022 sale price of £3,500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MORLAND CLOSE has not materially changed since June 2022.

How Large is 5 MORLAND CLOSE?

5 MORLAND CLOSE is 240m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the largest 20% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 5 MORLAND CLOSE lies on this distribution: 84% of detached houses houses are smaller than 5 MORLAND CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

5 MORLAND CLOSE: Plot and Title Map

5 MORLAND CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 5 MORLAND 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 5 MORLAND 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 5 MORLAND CLOSE?

5 MORLAND CLOSE is located in LONDON, in the NW11 postcode district. The below map shows the position of No. 5 on MORLAND CLOSE.