5, MARSH CLOSE, LONDON, NW7 4NY - £1,360,000

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 MARSH CLOSE is a large extended detached house of 177m², built sometime between 1976 and 1982, which could now be worth an estimated £1,450,625. It was last sold for £1,360,000 in November 2020, which was around 6% below the average November 2020 detached price in the Barnet local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

5 MARSH CLOSE Sold Prices

Land registry data shows two sales for 5 MARSH 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 MARSH 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
2020 24 NOV	£1,360,000	£1,444,270	6% below HPI
1998 21 OCT	£298,000	£348,195	14% below HPI

5 MARSH 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 MARSH CLOSE sales from October 1998 and November 2020 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 October 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 MARSH CLOSE be worth now?

5 MARSH CLOSE might now be worth an estimated £1,450,625.

This is based on house price inflation of 6.7%, between November 2020 and May 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 6.7% inflationary increase is applied to the most recent sale price for 5 MARSH CLOSE of £1,360,000 on 24th November 2020. For the value to have increased from £1,360,000 to £1,450,625 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 5 MARSH CLOSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The November 2020 sale price of £1,360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARSH CLOSE has not materially changed since November 2020.

How Large is 5 MARSH CLOSE?

5 MARSH CLOSE is 177m², which includes four extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 5 MARSH CLOSE lies on this distribution: 66% of detached houses houses are smaller than 5 MARSH CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in London.

5 MARSH CLOSE: Plot and Title Map

5 MARSH CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 5 MARSH 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 MARSH 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 MARSH CLOSE?

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