7, LEXINGTON WAY, BARNET, EN5 2SN - £700,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 LEXINGTON WAY is a midsized extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £700,000 in September 2015, which was around 38% below the average September 2015 detached price in the Barnet local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

7 LEXINGTON WAY Sold Prices

Land registry data shows four sales for 7 LEXINGTON WAY 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 7 LEXINGTON WAY 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
2015 7 SEP	£700,000	£1,120,998	38% below HPI
2011 19 OCT	£497,000	£808,896	39% below HPI
2005 19 OCT	£375,000	£612,854	39% below HPI
2001 28 NOV	£275,000	£475,920	42% below HPI

7 LEXINGTON WAY 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 7 LEXINGTON WAY sales between November 2001 and September 2015 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 October 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2015 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 LEXINGTON WAY?

7 LEXINGTON WAY is 135m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses by size in Barnet, and where 7 LEXINGTON WAY lies on this distribution: 48% of detached houses are smaller than 7 LEXINGTON WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Barnet.

7 LEXINGTON WAY: Plot and Title Map

7 LEXINGTON WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 7 LEXINGTON WAY, 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 7 LEXINGTON WAY). 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 7 LEXINGTON WAY?

7 LEXINGTON WAY is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 7 on LEXINGTON WAY.