2, ELDER CLOSE, LONDON, N20 8DN - £1,090,000

2 ELDER CLOSE is a very large detached house of 238m², built sometime between 1996 and 2002. It was last sold for £1,090,000 in November 2011, which was around 32% above the average November 2011 detached price in the Barnet local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

2 ELDER CLOSE Sold Prices

Land registry data shows three sales for 2 ELDER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the three 2 ELDER 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
2011 30 NOV	£1,090,000	£823,821	32% above HPI
2005 20 JUL	£980,000	£600,972	63% above HPI
2001 17 AUG	£935,000	£448,845	108% above HPI

2 ELDER 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 three 2 ELDER CLOSE sales between August 2001 and November 2011 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 July 2005 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the November 2011 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 ELDER CLOSE?

2 ELDER CLOSE is 238m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 ELDER CLOSE lies on this distribution: 84% of detached houses are smaller than 2 ELDER CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

2 ELDER CLOSE: Plot and Title Map

2 ELDER CLOSE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 2 ELDER 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 2 ELDER 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 2 ELDER CLOSE?

2 ELDER CLOSE is located in LONDON, in the N20 postcode district. The below map shows the position of No. 2 on ELDER CLOSE.