1, THE REDDINGS, LONDON, NW7 4JN - £1,950,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE REDDINGS is a very large extended detached house of 311m², built sometime between 1950 and 1966, which could now be worth an estimated £1,797,967. It was last sold for £1,950,000 in January 2023, which was around 15% above the average January 2023 detached price in the Barnet local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

1 THE REDDINGS Sold Prices

Land registry data shows two sales for 1 THE REDDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Both of the two 1 THE REDDINGS sales were for above 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
2023 31 JAN	£1,950,000	£1,689,330	15% above HPI
2004 16 AUG	£865,000	£685,932	26% above HPI

1 THE REDDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The two 1 THE REDDINGS sales from August 2004 and January 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 THE REDDINGS be worth now?

1 THE REDDINGS might now be worth an estimated £1,797,967.

This is based on house price deflation of 7.8%, between January 2023 and December 2024, for detached houses, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% deflationary decrease is applied to the most recent sale price for 1 THE REDDINGS of £1,950,000 on 31st January 2023. For the value to have decreased from £1,950,000 to £1,797,967 over the one month to December 2024, the following assumptions must hold true:

• The value of 1 THE REDDINGS has moved in line with the HPI for detached houses in the Barnet local authority area.
• The January 2023 sale price of £1,950,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE REDDINGS has not materially changed since January 2023.

How Large is 1 THE REDDINGS?

1 THE REDDINGS is 311m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 1 THE REDDINGS lies on this distribution: 92% of detached houses houses are smaller than 1 THE REDDINGS, and 8% of houses are larger. Note that EPC data is not available for all properties in London.

1 THE REDDINGS: Plot and Title Map

1 THE REDDINGS sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 1 THE REDDINGS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 THE REDDINGS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 THE REDDINGS?

1 THE REDDINGS is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 1 on THE REDDINGS.