8, TARNBANK, ENFIELD, EN2 7JX - £515,000

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.

8 TARNBANK is a very small detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £594,902. It was last sold for £515,000 in July 2020, which was around 51% below the average July 2020 detached price in the Enfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

8 TARNBANK Sold Prices

Land registry data shows three sales for 8 TARNBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the three 8 TARNBANK 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
2020 31 JUL	£515,000	£1,057,040	51% below HPI
2002 26 NOV	£240,000	£487,142	51% below HPI
2002 26 JUN	£165,000	£419,719	61% below HPI

8 TARNBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The three 8 TARNBANK sales between June 2002 and July 2020 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 November 2002 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2020 sale, which was also at 51% below the HPI.

What might 8 TARNBANK be worth now?

8 TARNBANK might now be worth an estimated £594,902.

This is based on house price inflation of 15.5%, between July 2020 and February 2025, for detached houses, in the Enfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 8 TARNBANK of £515,000 on 31st July 2020. For the value to have increased from £515,000 to £594,902 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 8 TARNBANK has moved in line with the HPI for detached houses in the Enfield local authority area.
• The July 2020 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TARNBANK has not materially changed since July 2020.

How Large is 8 TARNBANK?

8 TARNBANK is 52m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 8 TARNBANK lies on this distribution: 1% of detached houses houses are smaller than 8 TARNBANK, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

8 TARNBANK: Plot and Title Map

8 TARNBANK sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 8 TARNBANK, 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 8 TARNBANK). 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 8 TARNBANK?

8 TARNBANK is located in ENFIELD, in the EN2 postcode district. The below map shows the position of No. 8 on TARNBANK.