Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
54 WISE LANE is a very large detached house of 443m², built sometime from 2007 onwards. It was last sold for £1,961,705 in April 2012, which was around 138% above the average April 2012 detached price in the Barnet local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 54 WISE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Two of the three 54 WISE LANE sales were for above the average price, whilst one 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 |
---|---|---|---|
2012 30 APR | £1,961,705 | £822,872 | 138% above HPI |
2008 14 MAR | £2,100,000 | £752,869 | 179% above HPI |
2005 18 NOV | £485,000 | £611,809 | 21% below HPI |
The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The three 54 WISE LANE sales between November 2005 and April 2012 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 March 2008 sale was for 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the April 2012 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.
54 WISE LANE is 443m² according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 54 WISE LANE lies on this distribution: 97% of detached houses are smaller than 54 WISE LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in London.
54 WISE LANE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 54 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 54 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.
54 WISE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 54 on WISE LANE.