585, WATFORD WAY, LONDON, NW7 3JG - £735,000

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

585 WATFORD WAY is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £735,000 in March 2001, which was around 49% above the average March 2001 detached price in the Barnet local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

585 WATFORD WAY Sold Prices

Land registry data shows two sales for 585 WATFORD WAY 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 585 WATFORD WAY sales were for above 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
2001 13 MAR	£735,000	£492,596	49% above HPI
1995 29 SEP	£260,000	£248,625	5% above HPI

585 WATFORD WAY 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 585 WATFORD WAY sales from September 1995 and March 2001 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 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2001 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 585 WATFORD WAY be worth now?

585 WATFORD WAY might now be worth an estimated £2,324,117.

This is based on house price inflation of 216.2%, between March 2001 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 216.2% inflationary increase is applied to the most recent sale price for 585 WATFORD WAY of £735,000 on 13th March 2001. For the value to have increased from £735,000 to £2,324,117 over the 22 years and three months to December 2024, the following assumptions must hold true:

• The value of 585 WATFORD WAY has moved in line with the HPI for detached houses in the Barnet local authority area.
• The March 2001 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 585 WATFORD WAY has not materially changed since March 2001.

How Large is 585 WATFORD WAY?

585 WATFORD WAY is 240m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% 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 585 WATFORD WAY lies on this distribution: 84% of detached houses houses are smaller than 585 WATFORD WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

585 WATFORD WAY: Plot and Title Map

585 WATFORD WAY sits on a plot of roughly 0.320 of an acre, or 1,293m². The below map shows the location of 585 WATFORD WAY, 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 585 WATFORD WAY). 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 585 WATFORD WAY?

585 WATFORD WAY is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 585 on WATFORD WAY.