116, WOOD LANE, LONDON, NW9 7LX - £302,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

116 WOOD LANE is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £302,500 in June 2012, which was around 54% below the average June 2012 detached price in the Brent local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

116 WOOD LANE Sold Prices

Land registry data shows three sales for 116 WOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brent local authority area for the corresponding sale date. All of the three 116 WOOD LANE 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
2012 22 JUN	£302,500	£660,423	54% below HPI
2009 27 AUG	£284,000	£534,508	47% below HPI
2004 16 FEB	£250,000	£460,147	46% below HPI

116 WOOD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brent local authority area over time, sourced from the HPI. The three 116 WOOD LANE sales between February 2004 and June 2012 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 2009 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2012 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 116 WOOD LANE?

116 WOOD LANE is 73m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 116 WOOD LANE lies on this distribution: 5% of detached houses are smaller than 116 WOOD LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

116 WOOD LANE: Plot and Title Map

116 WOOD LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 116 WOOD LANE, 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 116 WOOD LANE). 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 116 WOOD LANE?

116 WOOD LANE is located in LONDON, in the NW9 postcode district. The below map shows the position of No. 116 on WOOD LANE.