5, GRACE CLOSE, EDGWARE, HA8 9YY - £149,500

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.

5 GRACE CLOSE is a very small flat of 35m², built sometime between 1983 and 1990, which could now be worth an estimated £181,598. It was last sold for £149,500 in May 2014, which was around 51% below the average May 2014 flat price in the Barnet local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

5 GRACE CLOSE Sold Prices

Land registry data shows two sales for 5 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 5 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
2014 16 MAY	£149,500	£303,650	51% below HPI
2000 7 JAN	£68,250	£114,149	40% below HPI

What might 5 GRACE CLOSE be worth now?

5 GRACE CLOSE might now be worth an estimated £181,598.

This is based on house price inflation of 21.5%, between May 2014 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 21.5% inflationary increase is applied to the most recent sale price for 5 GRACE CLOSE of £149,500 on 16th May 2014. For the value to have increased from £149,500 to £181,598 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 5 GRACE CLOSE has moved in line with the HPI for flats in the Barnet local authority area.
• The May 2014 sale price of £149,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GRACE CLOSE has not materially changed since May 2014.

How Large is 5 GRACE CLOSE?

5 GRACE CLOSE is 35m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of flats in London, based on EPC data. 4% of flats are smaller than 5 GRACE CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in London.

5 GRACE CLOSE: Plot

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

Where is 5 GRACE CLOSE?

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