123, MILLWAY, LONDON, NW7 3JL - £1,675,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

123 MILLWAY is a very large extended detached house of 336m², built sometime between 1930 and 1949. It was last sold for £1,675,000 in August 2012, which was around 98% above the average August 2012 detached price in the Barnet local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

123 MILLWAY Sold Prices

Land registry data shows two sales for 123 MILLWAY 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 123 MILLWAY 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
2012 17 AUG	£1,675,000	£845,823	98% above HPI
2008 21 JUL	£1,450,000	£764,517	90% above HPI

123 MILLWAY 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 123 MILLWAY sales from July 2008 and August 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 July 2008 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2012 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is 123 MILLWAY?

123 MILLWAY is 336m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 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 123 MILLWAY lies on this distribution: 94% of detached houses are smaller than 123 MILLWAY, and 6% of houses are larger. Note that EPC data is not available for all properties in London.

123 MILLWAY: Plot and Title Map

123 MILLWAY sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 123 MILLWAY, 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 123 MILLWAY). 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 123 MILLWAY?

123 MILLWAY is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 123 on MILLWAY.