56, FLOWER LANE, LONDON, NW7 2JL - £1,400,000

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

56 FLOWER LANE is a very large extended detached house of 226m², built sometime between 1930 and 1949. It was last sold for £1,400,000 in February 2019, which was around 15% above the average February 2019 detached price in the Barnet local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

56 FLOWER LANE Sold Prices

Land registry data shows four sales for 56 FLOWER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. two of the four 56 FLOWER LANE sales were for above the average price, and four 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
2019 7 FEB	£1,400,000	£1,212,146	15% above HPI
2014 14 APR	£1,000,000	£963,438	4% above HPI
2003 17 FEB	£245,000	£556,973	56% below HPI
1999 14 DEC	£325,000	£360,272	10% below HPI

56 FLOWER 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 four 56 FLOWER LANE sales between December 1999 and February 2019 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 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 56 FLOWER LANE?

56 FLOWER LANE is 226m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 56 FLOWER LANE lies on this distribution: 81% of detached houses are smaller than 56 FLOWER LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

56 FLOWER LANE: Plot and Title Map

56 FLOWER LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 56 FLOWER 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 56 FLOWER 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 56 FLOWER LANE?

56 FLOWER LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 56 on FLOWER LANE.