2, GORDON WAY, BARNET, EN5 5RS - £370,000

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.

2 GORDON WAY is a very small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £642,895. It was last sold for £370,000 in August 2011, which was around 58% below the average August 2011 detached price in the Barnet local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was F.

2 GORDON WAY Sold Prices

Land registry data shows two sales for 2 GORDON WAY 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 2 GORDON WAY 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
2011 19 AUG	£370,000	£888,381	58% below HPI
2003 15 AUG	£325,000	£651,741	50% below HPI

2 GORDON WAY 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 2 GORDON WAY sales from August 2003 and August 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 August 2003 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2011 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 2 GORDON WAY be worth now?

2 GORDON WAY might now be worth an estimated £642,895.

This is based on house price inflation of 73.8%, between August 2011 and June 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 73.8% inflationary increase is applied to the most recent sale price for 2 GORDON WAY of £370,000 on 19th August 2011. For the value to have increased from £370,000 to £642,895 over the fourteen years and two months to June 2025, the following assumptions must hold true:

• The value of 2 GORDON WAY has moved in line with the HPI for detached houses in the Barnet local authority area.
• The August 2011 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GORDON WAY has not materially changed since August 2011.

How Large is 2 GORDON WAY?

2 GORDON WAY is 90m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Barnet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnet, and where 2 GORDON WAY lies on this distribution: 15% of detached houses houses are smaller than 2 GORDON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Barnet.

2 GORDON WAY: Plot and Title Map

2 GORDON WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 GORDON WAY, 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 GORDON WAY). 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 GORDON WAY?

2 GORDON WAY is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 2 on GORDON WAY.