PRESTON COTTAGE, HADLEY GREEN, BARNET, EN5 4PS - £975,000

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.

PRESTON COTTAGE is a large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £1,033,647. It was last sold for £975,000 in June 2021, which was around 34% below the average June 2021 detached price in the Barnet local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

PRESTON COTTAGE Sold Prices

Land registry data shows five sales for PRESTON COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the five PRESTON COTTAGE 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
2021 30 JUN	£975,000	£1,468,320	34% below HPI
2013 9 SEP	£710,000	£1,034,290	31% below HPI
2012 26 JAN	£675,000	£934,694	28% below HPI
2012 16 JAN	£550,000	£934,694	41% below HPI
1999 6 MAR	£200,000	£350,586	43% below HPI

PRESTON COTTAGE 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 five PRESTON COTTAGE sales between March 1999 and June 2021 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 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might PRESTON COTTAGE be worth now?

PRESTON COTTAGE might now be worth an estimated £1,033,647.

This is based on house price inflation of 6%, between June 2021 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 6% inflationary increase is applied to the most recent sale price for PRESTON COTTAGE of £975,000 on 30th June 2021. For the value to have increased from £975,000 to £1,033,647 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of PRESTON COTTAGE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The June 2021 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of PRESTON COTTAGE has not materially changed since June 2021.

How Large is PRESTON COTTAGE?

PRESTON COTTAGE is 171m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 PRESTON COTTAGE lies on this distribution: 64% of detached houses houses are smaller than PRESTON COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.

PRESTON COTTAGE: Plot and Title Map

PRESTON COTTAGE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of PRESTON COTTAGE, 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 PRESTON COTTAGE). 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 PRESTON COTTAGE?

PRESTON COTTAGE is located on HADLEY GREEN in BARNET, in the EN5 postcode district. The below map shows the position of PRESTON COTTAGE on HADLEY GREEN.