2, CHESTER PLACE, LONDON, NW1 4NB - £7,500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHESTER PLACE is a very large detached house of 364m², built sometime before 1900, which could now be worth an estimated £7,221,343. It was last sold for £7,500,000 in January 2024, which was around 119% above the average January 2024 detached price in the Camden local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 CHESTER PLACE Sold Prices

Land registry data shows four sales for 2 CHESTER PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Camden local authority area for the corresponding sale date. two of the four 2 CHESTER PLACE sales were for above the average price, and four 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
2024 24 JAN	£7,500,000	£3,422,760	119% above HPI
2006 8 DEC	£1,350,000	£1,443,330	6% below HPI
2002 15 FEB	£214,615	£1,027,920	79% below HPI
1998 9 APR	£1,275,000	£601,947	112% above HPI

2 CHESTER PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Camden local authority area over time, sourced from the HPI. The four 2 CHESTER PLACE sales between April 1998 and January 2024 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 December 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2024 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might 2 CHESTER PLACE be worth now?

2 CHESTER PLACE might now be worth an estimated £7,221,343.

This is based on house price deflation of 3.7%, between January 2024 and February 2025, for detached houses, in the Camden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 2 CHESTER PLACE of £7,500,000 on 24th January 2024. For the value to have decreased from £7,500,000 to £7,221,343 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTER PLACE has moved in line with the HPI for detached houses in the Camden local authority area.
• The January 2024 sale price of £7,500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTER PLACE has not materially changed since January 2024.

How Large is 2 CHESTER PLACE?

2 CHESTER PLACE is 364m² according to the EPC inspection conducted in May 2023. 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 2 CHESTER PLACE lies on this distribution: 95% of detached houses houses are smaller than 2 CHESTER PLACE, and 5% of houses are larger. Note that EPC data is not available for all properties in London.

2 CHESTER PLACE: Plot and Title Map

2 CHESTER PLACE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 2 CHESTER PLACE, 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 2 CHESTER PLACE). 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 2 CHESTER PLACE?

2 CHESTER PLACE is located in LONDON, in the NW1 postcode district. The below map shows the position of No. 2 on CHESTER PLACE.