5, THE BISHOPS AVENUE, LONDON, N2 0AP - £6,300,000

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 THE BISHOPS AVENUE is a very large detached house of 604m², built sometime between 1996 and 2002, which could now be worth an estimated £6,876,717. It was last sold for £6,300,000 in March 2017, which was around 341% above the average March 2017 detached price in the Barnet local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

5 THE BISHOPS AVENUE Sold Prices

Land registry data shows six sales for 5 THE BISHOPS AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the six 5 THE BISHOPS AVENUE 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
2017 24 MAR	£6,300,000	£1,426,990	341% above HPI
2005 14 JUN	£3,050,000	£683,605	346% above HPI
2001 13 FEB	£3,150,000	£491,351	541% above HPI
1999 30 APR	£1,220,000	£352,365	246% above HPI
1997 16 OCT	£535,000	£314,845	70% above HPI
1997 20 JUN	£530,000	£284,860	86% above HPI

5 THE BISHOPS AVENUE 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 six 5 THE BISHOPS AVENUE sales between June 1997 and March 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 June 2005 sale was for 346% above the HPI. So the extrapolation line tracks at 346% above the HPI over time, until the March 2017 sale, where it falls to 341% above the HPI. The line then continues to track at 341% above the HPI.

What might 5 THE BISHOPS AVENUE be worth now?

5 THE BISHOPS AVENUE might now be worth an estimated £6,876,717.

This is based on house price inflation of 9.2%, between March 2017 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 9.2% inflationary increase is applied to the most recent sale price for 5 THE BISHOPS AVENUE of £6,300,000 on 24th March 2017. For the value to have increased from £6,300,000 to £6,876,717 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 5 THE BISHOPS AVENUE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The March 2017 sale price of £6,300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE BISHOPS AVENUE has not materially changed since March 2017.

How Large is 5 THE BISHOPS AVENUE?

5 THE BISHOPS AVENUE is 604m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 THE BISHOPS AVENUE lies on this distribution: 99% of detached houses houses are smaller than 5 THE BISHOPS AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

5 THE BISHOPS AVENUE: Plot and Title Map

5 THE BISHOPS AVENUE sits on a plot of roughly 0.301 of an acre, or 1,217m². The below map shows the location of 5 THE BISHOPS AVENUE, 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 THE BISHOPS AVENUE). 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 THE BISHOPS AVENUE?

5 THE BISHOPS AVENUE is located in LONDON, in the N2 postcode district. The below map shows the position of No. 5 on THE BISHOPS AVENUE.