24, LEE CLOSE, BARNET, EN5 5HP - £293,000

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.

24 LEE CLOSE is a small flat of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £267,660. It was last sold for £293,000 in July 2024, which was around 27% below the average July 2024 flat price in the Barnet local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

24 LEE CLOSE Sold Prices

Land registry data shows six sales for 24 LEE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Barnet local authority area for the corresponding sale date. All of the six 24 LEE 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
2024 19 JUL	£293,000	£403,764	27% below HPI
2020 9 NOV	£290,000	£367,770	21% below HPI
2012 22 FEB	£188,299	£254,120	26% below HPI
2002 19 JUL	£145,000	£174,326	17% below HPI
1999 3 DEC	£93,500	£111,524	16% below HPI
1997 14 JUL	£67,000	£79,813	16% below HPI

What might 24 LEE CLOSE be worth now?

24 LEE CLOSE might now be worth an estimated £267,660.

This is based on house price deflation of 8.6%, between July 2024 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 8.6% deflationary decrease is applied to the most recent sale price for 24 LEE CLOSE of £293,000 on 19th July 2024. For the value to have decreased from £293,000 to £267,660 over the two years and two months to May 2026, the following assumptions must hold true:

• The value of 24 LEE CLOSE has moved in line with the HPI for flats in the Barnet local authority area.
• The July 2024 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LEE CLOSE has not materially changed since July 2024.

How Large is 24 LEE CLOSE?

24 LEE CLOSE is 50m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of flats in Barnet, based on EPC data. 29% of flats are smaller than 24 LEE CLOSE, and 68% of flats are larger. Note that EPC data is not available for all properties in Barnet.

24 LEE CLOSE: Plot

24 LEE CLOSE sits on a plot of roughly 1.3 acres, or 5,338m².

Where is 24 LEE CLOSE?

24 LEE CLOSE is located in BARNET, in the EN5 postcode district.