5, ROCKWAYS, BARNET, EN5 3JJ - £1,165,000

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 ROCKWAYS is a midsized extended detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £1,099,528. It was last sold for £1,165,000 in March 2022, which was around 29% below the average March 2022 detached price in the Barnet local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

5 ROCKWAYS Sold Prices

Land registry data shows two sales for 5 ROCKWAYS 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 ROCKWAYS 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
2022 18 MAR	£1,165,000	£1,632,240	29% below HPI
2020 8 DEC	£740,000	£1,441,350	49% below HPI

5 ROCKWAYS 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 ROCKWAYS sales from December 2020 and March 2022 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 December 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 ROCKWAYS be worth now?

5 ROCKWAYS might now be worth an estimated £1,099,528.

This is based on house price deflation of 5.6%, between March 2022 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 5.6% deflationary decrease is applied to the most recent sale price for 5 ROCKWAYS of £1,165,000 on 18th March 2022. For the value to have decreased from £1,165,000 to £1,099,528 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 ROCKWAYS has moved in line with the HPI for detached houses in the Barnet local authority area.
• The March 2022 sale price of £1,165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROCKWAYS has not materially changed since March 2022.

How Large is 5 ROCKWAYS?

5 ROCKWAYS is 156m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% 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 ROCKWAYS lies on this distribution: 55% of detached houses houses are smaller than 5 ROCKWAYS, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

5 ROCKWAYS: Plot and Title Map

5 ROCKWAYS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 5 ROCKWAYS, 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 ROCKWAYS). 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 ROCKWAYS?

5 ROCKWAYS is located in BARNET, in the EN5 postcode district. The below map shows the position of No. 5 on ROCKWAYS.