61, FLOWER LANE, LONDON, NW7 2JN - £1,040,000

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.

61 FLOWER LANE is a large detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £1,822,310. It was last sold for £1,040,000 in August 2011, which was around 17% above the average August 2011 detached price in the Barnet local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

61 FLOWER LANE Sold Prices

Land registry data shows three sales for 61 FLOWER LANE since 1^st 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. All of the three 61 FLOWER LANE 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
2011 16 AUG	£1,040,000	£888,381	17% above HPI
2004 27 APR	£850,000	£661,951	28% above HPI
2002 28 MAR	£750,000	£549,721	36% above HPI

61 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 three 61 FLOWER LANE sales between March 2002 and August 2011 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 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2011 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 61 FLOWER LANE be worth now?

61 FLOWER LANE might now be worth an estimated £1,822,310.

This is based on house price inflation of 75.2%, between August 2011 and February 2025, 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 75.2% inflationary increase is applied to the most recent sale price for 61 FLOWER LANE of £1,040,000 on 16th August 2011. For the value to have increased from £1,040,000 to £1,822,310 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 61 FLOWER LANE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The August 2011 sale price of £1,040,000 represented a fair market value for the property.
• The size, condition, and specification of 61 FLOWER LANE has not materially changed since August 2011.

How Large is 61 FLOWER LANE?

61 FLOWER LANE is 176m² according to the EPC inspection conducted in May 2010. This puts it in the largest 40% 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 61 FLOWER LANE lies on this distribution: 66% of detached houses houses are smaller than 61 FLOWER LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in London.

61 FLOWER LANE: Plot and Title Map

61 FLOWER LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 61 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 61 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 61 FLOWER LANE?

61 FLOWER LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 61 on FLOWER LANE.