31A, THE BROADWAY, LONDON, NW7 3DA - £550,000

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

31A THE BROADWAY is a very small detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £1,233,558. It was last sold for £550,000 in September 2004, which was around 21% below the average September 2004 detached price in the Barnet local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was E.

31A THE BROADWAY Sold Prices

Land registry data shows two sales for 31A THE BROADWAY 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 31A THE BROADWAY 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
2004 28 SEP	£550,000	£694,488	21% below HPI
1999 1 SEP	£205,000	£400,551	49% below HPI

31A THE BROADWAY 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 31A THE BROADWAY sales from September 1999 and September 2004 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 September 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2004 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 31A THE BROADWAY be worth now?

31A THE BROADWAY might now be worth an estimated £1,233,558.

This is based on house price inflation of 124.3%, between September 2004 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 124.3% inflationary increase is applied to the most recent sale price for 31A THE BROADWAY of £550,000 on 28th September 2004. For the value to have increased from £550,000 to £1,233,558 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 31A THE BROADWAY has moved in line with the HPI for detached houses in the Barnet local authority area.
• The September 2004 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 31A THE BROADWAY has not materially changed since September 2004.

How Large is 31A THE BROADWAY?

31A THE BROADWAY is 73m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 31A THE BROADWAY lies on this distribution: 5% of detached houses houses are smaller than 31A THE BROADWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

31A THE BROADWAY: Plot and Title Map

31A THE BROADWAY sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 31A THE BROADWAY, 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 31A THE BROADWAY). 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 31A THE BROADWAY?

31A THE BROADWAY is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 31A on THE BROADWAY.