5, LEE CLOSE, BARNET, EN5 5HP - £167,000

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 LEE CLOSE is a small flat of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £348,154. It was last sold for £167,000 in August 2002, which was around 6% below the average August 2002 flat price in the Barnet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

5 LEE CLOSE Sold Prices

Land registry data shows three sales for 5 LEE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Barnet local authority area for the corresponding sale date. All of the three 5 LEE 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 27 AUG	£167,000	£176,925	6% below HPI
1999 26 OCT	£105,000	£107,678	2% below HPI
1997 22 APR	£72,053	£76,368	6% below HPI

What might 5 LEE CLOSE be worth now?

5 LEE CLOSE might now be worth an estimated £348,154.

This is based on house price inflation of 108.5%, between August 2002 and May 2026, for flats, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108.5% inflationary increase is applied to the most recent sale price for 5 LEE CLOSE of £167,000 on 27th August 2002. For the value to have increased from £167,000 to £348,154 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 5 LEE CLOSE has moved in line with the HPI for flats in the Barnet local authority area.
• The August 2002 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LEE CLOSE has not materially changed since August 2002.

How Large is 5 LEE CLOSE?

5 LEE CLOSE is 51m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of flats in Barnet, based on EPC data. 32% of flats are smaller than 5 LEE CLOSE, and 65% of flats are larger. Note that EPC data is not available for all properties in Barnet.

5 LEE CLOSE: Plot

5 LEE CLOSE sits on a plot of roughly 1.3 acres, or 5,338m².

Where is 5 LEE CLOSE?

5 LEE CLOSE is located in BARNET, in the EN5 postcode district.