9, FAKENHAM CLOSE, LONDON, NW7 2SD - £592,000

9 FAKENHAM CLOSE is a small detached house of 116m², built sometime between 1991 and 1995. It was last sold for £592,000 in April 2014, which was around 39% below the average April 2014 detached price in the Barnet local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

9 FAKENHAM CLOSE Sold Prices

Land registry data shows five sales for 9 FAKENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the five 9 FAKENHAM 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
2014 25 APR	£592,000	£963,438	39% below HPI
2007 15 JUN	£447,000	£705,366	37% below HPI
2003 30 MAY	£390,000	£549,481	29% below HPI
1997 10 SEP	£201,000	£271,014	26% below HPI
1996 29 MAR	£184,995	£212,650	13% below HPI

9 FAKENHAM 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 five 9 FAKENHAM CLOSE sales between March 1996 and April 2014 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 June 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 9 FAKENHAM CLOSE?

9 FAKENHAM CLOSE is 116m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 9 FAKENHAM CLOSE lies on this distribution: 31% of detached houses are smaller than 9 FAKENHAM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

9 FAKENHAM CLOSE: Plot and Title Map

9 FAKENHAM CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 9 FAKENHAM 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 9 FAKENHAM 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 9 FAKENHAM CLOSE?

9 FAKENHAM CLOSE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 9 on FAKENHAM CLOSE.