5, WISE LANE, LONDON, NW7 2RL - £585,000

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.

5 WISE LANE is a midsized extended semi-detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £699,826. It was last sold for £585,000 in October 2015, which was around 15% below the average October 2015 semi-detached price in the Barnet local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

5 WISE LANE Sold Prices

Land registry data shows three sales for 5 WISE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Barnet local authority area for the corresponding sale date. All of the three 5 WISE 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
2015 2 OCT	£585,000	£685,571	15% below HPI
2010 30 SEP	£375,000	£478,422	22% below HPI
2001 20 JUL	£186,000	£247,540	25% below HPI

5 WISE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Barnet local authority area over time, sourced from the HPI. The three 5 WISE LANE sales between July 2001 and October 2015 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 WISE LANE be worth now?

5 WISE LANE might now be worth an estimated £699,826.

This is based on house price inflation of 19.6%, between October 2015 and February 2025, for semi-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 19.6% inflationary increase is applied to the most recent sale price for 5 WISE LANE of £585,000 on 2nd October 2015. For the value to have increased from £585,000 to £699,826 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 WISE LANE has moved in line with the HPI for semi-detached houses in the Barnet local authority area.
• The October 2015 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WISE LANE has not materially changed since October 2015.

How Large is 5 WISE LANE?

5 WISE LANE is 131m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 5 WISE LANE lies on this distribution: 41% of semi-detached houses houses are smaller than 5 WISE LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in London.

5 WISE LANE: Plot and Title Map

5 WISE LANE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 WISE 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 5 WISE 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 5 WISE LANE?

5 WISE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 5 on WISE LANE.