40, SELVAGE LANE, LONDON, NW7 3SP - £770,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

40 SELVAGE LANE is a small extended semi-detached house of 130m², built sometime between 1930 and 1949. It was last sold for £770,000 in August 2016, which was around 36% below the average August 2016 detached price in the Barnet local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

40 SELVAGE LANE Sold Prices

Land registry data shows two sales for 40 SELVAGE 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 40 SELVAGE 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
2016 19 AUG	£770,000	£1,212,466	36% below HPI
2000 5 APR	£240,000	£394,075	39% below HPI

40 SELVAGE 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 40 SELVAGE LANE sales from April 2000 and August 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 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 40 SELVAGE LANE?

40 SELVAGE LANE is 130m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses by size in Edgware, and where 40 SELVAGE LANE lies on this distribution: 30% of detached houses are smaller than 40 SELVAGE LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Edgware.

40 SELVAGE LANE: Plot and Title Map

40 SELVAGE LANE sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 40 SELVAGE 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 40 SELVAGE 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 40 SELVAGE LANE?

40 SELVAGE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 40 on SELVAGE LANE.