Sold STC Flat

15

SPRINGFIELDS, 17, SOMERSET ROAD, BARNET, NEW BARNET, GREATER LONDON EN5 1SG

2 beds 1 baths 807 sq ft Listed 22 Sep 2023 (-995d)

£425,000

Reduced on 16 Oct 2024

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

75 m²

Council tax band

TBC

EPC rating

D

Year built

England and Wales: 1967-1975

Last sold

£400,000 Aug 2025

Price per m²

£5,667/m²

Local average

£339,790 (+25.1%)

Deprivation

Decile 3 (10,060 of 33,755)

Street crime

207 incidents within 1 mile (Apr 2026)

Additional details

Parking
Yes

Description

This is a good size two bedroom first floor apartment with lounge/dining room, fitted kitchen with granite work surfaces and breakfast bar, two double bedrooms, bathroom and separate WC.

The property also benefits from double glazing, a large balcony, garage and communal gardens.

New Barnet station giving access into Central London is within half a mile, and the surrounding vicinity is known for its highly regarded schools, recreational spaces, and both local and main shopping areas.

Share of Freehold (981 years on the lease)
Service Charges - £158 per month (Provided by vendor)
Ground Rent: Nil (Provided by vendor)
Council Tax band: D

Listed by

Barnet

Winkworth

Reference: 140299943

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 19/09/2023

Expiry date: 18/09/2033

Current heating cost: £1,323/year

Potential heating cost: £393/year

Est. upgrade cost to C: £11,500

Recommendations

  • Cavity wall insulation (£500 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • High heat retention storage heaters and dual immersion cylinder (£1,200 - £1,800)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #8882388

Property Details

Street: 8 Springfields

Town: 17 Somerset Road, New Barnet

Postcode: EN5 1SG

Installation Details

Items: 3 windows

Certificate Issued: 17/11/2015

Work Completed: 04/05/2012

This certificate data was retrieved from FENSA's database

FENSA Certificate #5807464

Property Details

Street: 8 Springfields

Town: 17 Somerset Road, New Barnet

Postcode: EN5 1SG

Installation Details

Items: 1 door

Certificate Issued: 04/05/2016

Work Completed: 30/05/2008

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

413% since 1996

Event Date Price % change
Sold 08/08/2025 (10 months ago) £400,000 +48.1%
Sold 09/07/2010 (15 years ago) £270,000 +12.5%
Sold 21/12/2006 (19 years ago) £240,000 +67.8%
Sold 11/08/2000 (25 years ago) £143,000 +83.3%
Sold 26/07/1996 (29 years ago) £78,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
ASHLEY COURT 1 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1RQ £418,000 11/12/2025 Flat
BEAUFORT COURT 10 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1RW £337,500 03/12/2025 Flat
BEAUFORT COURT 1 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1RW £340,000 12/11/2025 Flat
EYSHAM COURT, 69 14 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1PS £425,000 17/10/2025 Flat
41 FLAT D STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1PR £295,000 08/10/2025 Flat
CHILTERN COURT, 53 12 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QZ £205,500 31/03/2025 Flat
BARNES COURT 47 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QY £510,000 13/12/2023 Flat
BEAUFORT COURT 18 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1RW £325,000 08/12/2023 Flat
BARNES COURT 12 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QY £485,500 23/11/2023 Flat
Same street SPRINGFIELDS, 17 GARAGE 16 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1SG £20,000 12/10/2023 Other
KNOLL LODGE FLAT 8 GLOUCESTER ROAD, BARNET, GREATER LONDON, EN5 1RZ £340,000 04/08/2023 Flat
2 MOWBRAY ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1RH £351,500 31/07/2023 Flat
BURE COURT, 11 FLAT 8 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1RP £475,000 14/07/2023 Flat
BARNES COURT 36 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QY £445,000 09/06/2023 Flat
CARLYLE LODGE, 33 FLAT 1 RICHMOND ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1SA £561,000 24/05/2023 Flat
WHITEGATES, 100 2 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QB £210,000 23/05/2023 Flat
BUCKLAND COURT, 102 FLAT 9 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QA £405,000 29/03/2023 Flat
WHITEGATES, 100 6 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QB £207,500 06/03/2023 Flat
CHILTERN COURT, 53 8 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QZ £387,500 25/11/2022 Flat
CHERINGTON COURT, 108 FLAT 1 STATION ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1QA £385,000 05/10/2022 Flat
SOUTH LODGE FLAT 12 WARWICK ROAD, BARNET, GREATER LONDON, EN5 5ET £288,000 26/09/2022 Flat
Same street SPRINGFIELDS, 17 10 SOMERSET ROAD, NEW BARNET, BARNET, GREATER LONDON, EN5 1SG £413,000 08/07/2022 Flat

Street average: £216,500 (2 sales)

Area average: £369,850 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -23.3%
10y growth -3.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Barnet. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.5%
5y (index) -4.5%
10y (index) -0.2%

Rental Range

Estimated market rent for Barnet. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,738/mo
Realistic £1,931/mo
Optimistic £2,124/mo

Based on Local Authority from postcode lookup → Barnet.

LHA (30th percentile) floor for Outer North London: £1,396/mo (Apr 2025 – Mar 2026)

Location

Address

8 Somerset Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Warwick Road 0.1 miles
Shop Auto Dynamics 0.2 miles
Shop Unknown 0.3 miles
Train station New Barnet 0.4 miles
Train station High Barnet 0.6 miles
Hospital Priory Hospital 2.9 miles
Hospital North London Hospice Winchmore Hill 4.1 miles
University Flood Hazard Research Centre 4.4 miles
University Middlesex University 4.4 miles

Street-level crime

Category Count
Anti-social behaviour 52
Violence and sexual offences 52
Vehicle crime 30
Shoplifting 15
Criminal damage and arson 11
Burglary 10
Other theft 8
Public order 7
Robbery 6
Drugs 5
Other crime 5
Bicycle theft 2
Possession of weapons 2
Theft from the person 2
Total incidents 207

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Lyonsdown School Other 0.1 miles (No rating)
Cromer Road Primary School Primary 0.4 miles Good — 23 Mar 2012
Ark Pioneer Academy Secondary 0.5 miles Outstanding — 10 Oct 2023
St Margaret's Nursery School Nursery 0.6 miles Outstanding — 11 Nov 2013
St Catherine's RC School Primary 0.6 miles Good — 21 Sep 2022

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.45%
Max investor price (0.8%) £241,375
Target investor price (1%) £193,100
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).