1, HARMAN CLOSE, LONDON, NW2 2EA - £2,400,000

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.

1 HARMAN CLOSE is a very large extended detached house of 359m², built sometime between 1950 and 1966, which could now be worth an estimated £3,025,056. It was last sold for £2,400,000 in May 2015, which was around 96% above the average May 2015 detached price in the Barnet local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was D.

1 HARMAN CLOSE Sold Prices

Land registry data shows two sales for 1 HARMAN CLOSE 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 1 HARMAN CLOSE 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
2015 11 MAY	£2,400,000	£1,222,200	96% above HPI
1999 12 MAR	£610,000	£350,586	74% above HPI

1 HARMAN CLOSE 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 1 HARMAN CLOSE sales from March 1999 and May 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 March 1999 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2015 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might 1 HARMAN CLOSE be worth now?

1 HARMAN CLOSE might now be worth an estimated £3,025,056.

This is based on house price inflation of 26%, between May 2015 and May 2026, 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 26% inflationary increase is applied to the most recent sale price for 1 HARMAN CLOSE of £2,400,000 on 11th May 2015. For the value to have increased from £2,400,000 to £3,025,056 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 1 HARMAN CLOSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The May 2015 sale price of £2,400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HARMAN CLOSE has not materially changed since May 2015.

How Large is 1 HARMAN CLOSE?

1 HARMAN CLOSE is 359m², which includes two extensions, according to the EPC inspection conducted in October 2013. 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 1 HARMAN CLOSE lies on this distribution: 94% of detached houses houses are smaller than 1 HARMAN CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in London.

1 HARMAN CLOSE: Plot and Title Map

1 HARMAN CLOSE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 1 HARMAN CLOSE, 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 1 HARMAN CLOSE). 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 1 HARMAN CLOSE?

1 HARMAN CLOSE is located in LONDON, in the NW2 postcode district. The below map shows the position of No. 1 on HARMAN CLOSE.