8, SUTHERLAND CLOSE, BARNET, EN5 2JL - £346,000

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.

8 SUTHERLAND CLOSE is a midsized flat of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £339,914. It was last sold for £346,000 in July 2018, which was around 8% below the average July 2018 flat price in the Barnet local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

8 SUTHERLAND CLOSE Sold Prices

Land registry data shows three sales for 8 SUTHERLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Barnet local authority area for the corresponding sale date. All of the three 8 SUTHERLAND 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
2018 16 JUL	£346,000	£375,449	8% below HPI
1996 30 SEP	£60,000	£73,911	19% below HPI
1995 23 MAY	£60,000	£69,413	14% below HPI

What might 8 SUTHERLAND CLOSE be worth now?

8 SUTHERLAND CLOSE might now be worth an estimated £339,914.

This is based on house price deflation of 1.8%, between July 2018 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 1.8% deflationary decrease is applied to the most recent sale price for 8 SUTHERLAND CLOSE of £346,000 on 16th July 2018. For the value to have decreased from £346,000 to £339,914 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 8 SUTHERLAND CLOSE has moved in line with the HPI for flats in the Barnet local authority area.
• The July 2018 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SUTHERLAND CLOSE has not materially changed since July 2018.

How Large is 8 SUTHERLAND CLOSE?

8 SUTHERLAND CLOSE is 63m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of flats in Barnet, based on EPC data. 59% of flats are smaller than 8 SUTHERLAND CLOSE, and 41% of flats are larger. Note that EPC data is not available for all properties in Barnet.

8 SUTHERLAND CLOSE: Plot

8 SUTHERLAND CLOSE sits on a plot of roughly 1.0 acres, or 4,061m².

Where is 8 SUTHERLAND CLOSE?

8 SUTHERLAND CLOSE is located in BARNET, in the EN5 postcode district.