18, THE GROVE, EDGWARE, HA8 9QB - £499,950

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.

18 THE GROVE is a very small extended semi-detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £715,999. It was last sold for £499,950 in May 2014, which was around 14% below the average May 2014 semi-detached price in the Barnet local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

18 THE GROVE Sold Prices

Land registry data shows two sales for 18 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Barnet local authority area for the corresponding sale date. Both of the two 18 THE GROVE 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
2014 7 MAY	£499,950	£580,318	14% below HPI
2008 22 JAN	£450,000	£453,312	1% below HPI

18 THE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Barnet local authority area over time, sourced from the HPI. The two 18 THE GROVE sales from January 2008 and May 2014 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 January 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 THE GROVE be worth now?

18 THE GROVE might now be worth an estimated £715,999.

This is based on house price inflation of 43.2%, between May 2014 and May 2026, for semi-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 43.2% inflationary increase is applied to the most recent sale price for 18 THE GROVE of £499,950 on 7th May 2014. For the value to have increased from £499,950 to £715,999 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 18 THE GROVE has moved in line with the HPI for semi-detached houses in the Barnet local authority area.
• The May 2014 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 18 THE GROVE has not materially changed since May 2014.

How Large is 18 THE GROVE?

18 THE GROVE is 110m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of semi-detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Edgware, and where 18 THE GROVE lies on this distribution: 12% of semi-detached houses houses are smaller than 18 THE GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Edgware.

18 THE GROVE: Plot and Title Map

18 THE GROVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 18 THE GROVE, 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 18 THE GROVE). 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 18 THE GROVE?

18 THE GROVE is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 18 on THE GROVE.