5, BEECHWOOD CLOSE, LONDON, NW7 3LS - £360,000

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.

5 BEECHWOOD CLOSE is a small extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £900,658. It was last sold for £360,000 in December 2002, which was around 42% below the average December 2002 detached price in the Barnet local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

5 BEECHWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 BEECHWOOD 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 5 BEECHWOOD CLOSE 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
2002 6 DEC	£360,000	£620,059	42% below HPI
1999 7 MAY	£185,000	£353,065	48% below HPI

5 BEECHWOOD 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 5 BEECHWOOD CLOSE sales from May 1999 and December 2002 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 May 1999 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2002 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 5 BEECHWOOD CLOSE be worth now?

5 BEECHWOOD CLOSE might now be worth an estimated £900,658.

This is based on house price inflation of 150.2%, between December 2002 and March 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 150.2% inflationary increase is applied to the most recent sale price for 5 BEECHWOOD CLOSE of £360,000 on 6th December 2002. For the value to have increased from £360,000 to £900,658 over the 24 years and nine months to March 2026, the following assumptions must hold true:

• The value of 5 BEECHWOOD CLOSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The December 2002 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BEECHWOOD CLOSE has not materially changed since December 2002.

How Large is 5 BEECHWOOD CLOSE?

5 BEECHWOOD CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgware, and where 5 BEECHWOOD CLOSE lies on this distribution: 34% of detached houses houses are smaller than 5 BEECHWOOD CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Edgware.

5 BEECHWOOD CLOSE: Plot and Title Map

5 BEECHWOOD CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 BEECHWOOD 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 5 BEECHWOOD 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 5 BEECHWOOD CLOSE?

5 BEECHWOOD CLOSE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 5 on BEECHWOOD CLOSE.