5, PROSPECT ROAD, BARNET, EN5 5BJ - £970,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 PROSPECT ROAD is a large extended detached house of 183m², built sometime between 1900 and 1929. It was last sold for £970,000 in May 2017, which was around 22% below the average May 2017 detached price in the Barnet local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

5 PROSPECT ROAD Sold Prices

Land registry data shows four sales for 5 PROSPECT ROAD since 1^st 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. All of the four 5 PROSPECT ROAD 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
2017 12 MAY	£970,000	£1,240,247	22% below HPI
1998 24 SEP	£219,000	£304,647	28% below HPI
1998 30 JAN	£210,000	£281,094	25% below HPI
1995 13 FEB	£142,000	£216,575	34% below HPI

5 PROSPECT ROAD 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 four 5 PROSPECT ROAD sales between February 1995 and May 2017 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 September 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 PROSPECT ROAD?

5 PROSPECT ROAD is 183m², which includes four extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses by size in Barnet, and where 5 PROSPECT ROAD lies on this distribution: 76% of detached houses are smaller than 5 PROSPECT ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Barnet.

5 PROSPECT ROAD: Plot and Title Map

5 PROSPECT ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 5 PROSPECT ROAD, 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 PROSPECT ROAD). 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 PROSPECT ROAD?

5 PROSPECT ROAD is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 5 on PROSPECT ROAD.