12, GRACE CLOSE, EDGWARE, HA8 9YY - £227,500

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.

12 GRACE CLOSE is a very small flat of 38m², built sometime between 1983 and 1990, which could now be worth an estimated £216,387. It was last sold for £227,500 in June 2017, which was around 41% below the average June 2017 flat price in the Barnet local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

12 GRACE CLOSE Sold Prices

Land registry data shows two sales for 12 GRACE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Barnet local authority area for the corresponding sale date. Both of the two 12 GRACE 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
2017 20 JUN	£227,500	£387,787	41% below HPI
1996 14 JUN	£40,000	£70,727	43% below HPI

What might 12 GRACE CLOSE be worth now?

12 GRACE CLOSE might now be worth an estimated £216,387.

This is based on house price deflation of 4.9%, between June 2017 and May 2026, for flats, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% deflationary decrease is applied to the most recent sale price for 12 GRACE CLOSE of £227,500 on 20th June 2017. For the value to have decreased from £227,500 to £216,387 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 12 GRACE CLOSE has moved in line with the HPI for flats in the Barnet local authority area.
• The June 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 12 GRACE CLOSE has not materially changed since June 2017.

How Large is 12 GRACE CLOSE?

12 GRACE CLOSE is 38m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of flats in London, based on EPC data. 5% of flats are smaller than 12 GRACE CLOSE, and 94% of flats are larger. Note that EPC data is not available for all properties in London.

12 GRACE CLOSE: Plot

12 GRACE CLOSE sits on a plot of roughly 0.192 of an acre, or 775m².

Where is 12 GRACE CLOSE?

12 GRACE CLOSE is located in EDGWARE, in the HA8 postcode district.