56, MARSHALLS CLOSE, LONDON, N11 1TE - £475,000

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.

56 MARSHALLS CLOSE is a very small terraced house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £534,646. It was last sold for £475,000 in December 2016, which was around 12% below the average December 2016 terraced price in the Barnet local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

56 MARSHALLS CLOSE Sold Prices

Land registry data shows two sales for 56 MARSHALLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Barnet local authority area for the corresponding sale date. Both of the two 56 MARSHALLS 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
2016 16 DEC	£475,000	£540,703	12% below HPI
2007 30 APR	£275,000	£313,532	12% below HPI

56 MARSHALLS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Barnet local authority area over time, sourced from the HPI. The two 56 MARSHALLS CLOSE sales from April 2007 and December 2016 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 April 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2016 sale, which was also at 12% below the HPI.

What might 56 MARSHALLS CLOSE be worth now?

56 MARSHALLS CLOSE might now be worth an estimated £534,646.

This is based on house price inflation of 12.6%, between December 2016 and June 2025, for terraced 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 12.6% inflationary increase is applied to the most recent sale price for 56 MARSHALLS CLOSE of £475,000 on 16th December 2016. For the value to have increased from £475,000 to £534,646 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 56 MARSHALLS CLOSE has moved in line with the HPI for terraced houses in the Barnet local authority area.
• The December 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MARSHALLS CLOSE has not materially changed since December 2016.

How Large is 56 MARSHALLS CLOSE?

56 MARSHALLS CLOSE is 67m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of terraced houses houses in Southgate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southgate, and where 56 MARSHALLS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 56 MARSHALLS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Southgate.

56 MARSHALLS CLOSE: Plot and Title Map

56 MARSHALLS CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 56 MARSHALLS 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 56 MARSHALLS 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 56 MARSHALLS CLOSE?

56 MARSHALLS CLOSE is located in LONDON, in the N11 postcode district. The below map shows the position of No. 56 on MARSHALLS CLOSE.