56, BARNET GATE LANE, BARNET, EN5 2AD - £555,000

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

56 BARNET GATE LANE is a large extended detached house of 178m², built sometime between 1900 and 1929, which could now be worth an estimated £1,305,135. It was last sold for £555,000 in April 2004, which was around 16% below the average April 2004 detached price in the Barnet local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was C.

56 BARNET GATE LANE Sold Prices

Land registry data shows two sales for 56 BARNET GATE LANE 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 56 BARNET GATE LANE 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
2004 23 APR	£555,000	£661,951	16% below HPI
1997 11 JUL	£278,000	£293,246	5% below HPI

56 BARNET GATE LANE 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 56 BARNET GATE LANE sales from July 1997 and April 2004 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 July 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2004 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 56 BARNET GATE LANE be worth now?

56 BARNET GATE LANE might now be worth an estimated £1,305,135.

This is based on house price inflation of 135.2%, between April 2004 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 135.2% inflationary increase is applied to the most recent sale price for 56 BARNET GATE LANE of £555,000 on 23rd April 2004. For the value to have increased from £555,000 to £1,305,135 over the 21 years and two months to February 2025, the following assumptions must hold true:

• The value of 56 BARNET GATE LANE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The April 2004 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 56 BARNET GATE LANE has not materially changed since April 2004.

How Large is 56 BARNET GATE LANE?

56 BARNET GATE LANE is 178m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% 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 56 BARNET GATE LANE lies on this distribution: 67% of detached houses houses are smaller than 56 BARNET GATE LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in London.

56 BARNET GATE LANE: Plot and Title Map

56 BARNET GATE LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 56 BARNET GATE LANE, 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 56 BARNET GATE LANE). 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 56 BARNET GATE LANE?

56 BARNET GATE LANE is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 56 on BARNET GATE LANE.