124, HALE LANE, LONDON, NW7 3SE - £1,635,000

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

124 HALE LANE is a very large extended detached house of 203m², built sometime between 1930 and 1949. It was last sold for £1,635,000 in October 2022, which was around 4% below the average October 2022 detached price in the Barnet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

124 HALE LANE Sold Prices

Land registry data shows two sales for 124 HALE LANE 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 124 HALE 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
2022 19 OCT	£1,635,000	£1,704,540	4% below HPI
2006 9 AUG	£462,000	£732,495	37% below HPI

124 HALE LANE 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 124 HALE LANE sales from August 2006 and October 2022 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 124 HALE LANE be worth now?

124 HALE LANE might now be worth an estimated £1,494,074.

This is based on house price deflation of 8.6%, between October 2022 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 8.6% deflationary decrease is applied to the most recent sale price for 124 HALE LANE of £1,635,000 on 19th October 2022. For the value to have decreased from £1,635,000 to £1,494,074 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 124 HALE LANE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The October 2022 sale price of £1,635,000 represented a fair market value for the property.
• The size, condition, and specification of 124 HALE LANE has not materially changed since October 2022.

How Large is 124 HALE LANE?

124 HALE LANE is 203m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgware, and where 124 HALE LANE lies on this distribution: 80% of detached houses houses are smaller than 124 HALE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Edgware.

124 HALE LANE: Plot and Title Map

124 HALE LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 124 HALE 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 124 HALE 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 124 HALE LANE?

124 HALE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 124 on HALE LANE.