24, PARK WAY, LONDON, NW11 0EX - £1,510,000

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.

24 PARK WAY is a large detached house of 192m², built sometime between 1900 and 1929, which could now be worth an estimated £1,625,189. It was last sold for £1,510,000 in September 2020, which was around 4% above the average September 2020 detached price in the Barnet local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

24 PARK WAY Sold Prices

Land registry data shows two sales for 24 PARK WAY 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. One of the two 24 PARK WAY 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
2020 1 SEP	£1,510,000	£1,446,310	4% above HPI
2020 30 APR	£1,400,000	£1,444,920	3% below HPI

24 PARK WAY 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 24 PARK WAY sales from April 2020 and September 2020 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 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 24 PARK WAY be worth now?

24 PARK WAY might now be worth an estimated £1,625,189.

This is based on house price inflation of 7.6%, between September 2020 and February 2025, 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 7.6% inflationary increase is applied to the most recent sale price for 24 PARK WAY of £1,510,000 on 1st September 2020. For the value to have increased from £1,510,000 to £1,625,189 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 PARK WAY has moved in line with the HPI for detached houses in the Barnet local authority area.
• The September 2020 sale price of £1,510,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PARK WAY has not materially changed since September 2020.

How Large is 24 PARK WAY?

24 PARK WAY is 192m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% 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 24 PARK WAY lies on this distribution: 72% of detached houses houses are smaller than 24 PARK WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in London.

24 PARK WAY: Plot and Title Map

24 PARK WAY sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 24 PARK WAY, 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 24 PARK WAY). 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 24 PARK WAY?

24 PARK WAY is located in LONDON, in the NW11 postcode district. The below map shows the position of No. 24 on PARK WAY.