58, GIBBS GREEN, EDGWARE, HA8 9RP - £675,000

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.

58 GIBBS GREEN is a very small semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £722,730. It was last sold for £675,000 in March 2021, which was around 13% below the average March 2021 semi-detached price in the Barnet local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

58 GIBBS GREEN Sold Prices

Land registry data shows three sales for 58 GIBBS GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Barnet local authority area for the corresponding sale date. Two of the three 58 GIBBS GREEN sales were for below the average price, whilst one was for above 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
2021 22 MAR	£675,000	£772,915	13% below HPI
2008 26 MAR	£425,000	£443,622	4% below HPI
2006 11 MAY	£380,000	£375,962	1% above HPI

58 GIBBS GREEN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Barnet local authority area over time, sourced from the HPI. The three 58 GIBBS GREEN sales between May 2006 and March 2021 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 March 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 58 GIBBS GREEN be worth now?

58 GIBBS GREEN might now be worth an estimated £722,730.

This is based on house price inflation of 7.1%, between March 2021 and March 2026, for semi-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 7.1% inflationary increase is applied to the most recent sale price for 58 GIBBS GREEN of £675,000 on 22nd March 2021. For the value to have increased from £675,000 to £722,730 over the five years to March 2026, the following assumptions must hold true:

• The value of 58 GIBBS GREEN has moved in line with the HPI for semi-detached houses in the Barnet local authority area.
• The March 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 58 GIBBS GREEN has not materially changed since March 2021.

How Large is 58 GIBBS GREEN?

58 GIBBS GREEN is 98m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of semi-detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Edgware, and where 58 GIBBS GREEN lies on this distribution: 7% of semi-detached houses houses are smaller than 58 GIBBS GREEN, and 93% of houses are larger. Note that EPC data is not available for all properties in Edgware.

58 GIBBS GREEN: Plot and Title Map

58 GIBBS GREEN sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 58 GIBBS GREEN, 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 58 GIBBS GREEN). 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 58 GIBBS GREEN?

58 GIBBS GREEN is located in EDGWARE, in the HA8 postcode district. The below map shows the position of No. 58 on GIBBS GREEN.