6, LEE CLOSE, BARNET, EN5 5HP - £299,000

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.

6 LEE CLOSE is a midsized flat of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £275,887. It was last sold for £299,000 in March 2017, which was around 25% below the average March 2017 flat price in the Barnet local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

6 LEE CLOSE Sold Prices

Land registry data shows four sales for 6 LEE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Barnet local authority area for the corresponding sale date. All of the four 6 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
2017 10 MAR	£299,000	£399,746	25% below HPI
2007 17 JUL	£185,000	£253,255	27% below HPI
2003 6 JAN	£149,950	£188,273	20% below HPI
1997 24 APR	£61,250	£76,368	20% below HPI

What might 6 LEE CLOSE be worth now?

6 LEE CLOSE might now be worth an estimated £275,887.

This is based on house price deflation of 7.7%, between March 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 7.7% deflationary decrease is applied to the most recent sale price for 6 LEE CLOSE of £299,000 on 10th March 2017. For the value to have decreased from £299,000 to £275,887 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 6 LEE CLOSE has moved in line with the HPI for flats in the Barnet local authority area.
• The March 2017 sale price of £299,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LEE CLOSE has not materially changed since March 2017.

How Large is 6 LEE CLOSE?

6 LEE CLOSE is 55m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of flats in Barnet, based on EPC data. 42% of flats are smaller than 6 LEE CLOSE, and 56% of flats are larger. Note that EPC data is not available for all properties in Barnet.

6 LEE CLOSE: Plot

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

Where is 6 LEE CLOSE?

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