124, MELROSE AVENUE, LONDON, NW2 4JX - £1,170,000

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

124 MELROSE AVENUE is a midsized extended detached house of 158m², built sometime between 1900 and 1929. It was last sold for £1,170,000 in January 2016, which was around 15% above the average January 2016 detached price in the Brent local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

124 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 124 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brent local authority area for the corresponding sale date. One of the two 124 MELROSE AVENUE sales was for above the average price, whilst the other was 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
2016 29 JAN	£1,170,000	£1,015,512	15% above HPI
2001 23 APR	£200,000	£331,677	40% below HPI

124 MELROSE AVENUE 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 two 124 MELROSE AVENUE sales from April 2001 and January 2016 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 April 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2016 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 124 MELROSE AVENUE?

124 MELROSE AVENUE is 158m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 124 MELROSE AVENUE lies on this distribution: 58% of detached houses are smaller than 124 MELROSE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in London.

124 MELROSE AVENUE: Plot and Title Map

124 MELROSE AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 124 MELROSE AVENUE, 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 MELROSE AVENUE). 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 MELROSE AVENUE?

124 MELROSE AVENUE is located in LONDON, in the NW2 postcode district. The below map shows the position of No. 124 on MELROSE AVENUE.