61, MILLWAY, LONDON, NW7 3QT - £499,999

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

61 MILLWAY is a small semi-detached house of 124m², built sometime between 1930 and 1949. It was last sold for £499,999 in March 2012, which was around 4% above the average March 2012 semi-detached price in the Barnet local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

61 MILLWAY Sold Prices

Land registry data shows four sales for 61 MILLWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Barnet local authority area for the corresponding sale date. Most of the four 61 MILLWAY 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
2012 30 MAR	£499,999	£482,621	4% above HPI
2007 11 DEC	£497,000	£452,677	10% above HPI
2004 1 OCT	£410,000	£365,975	12% above HPI
1997 24 OCT	£147,500	£156,788	6% below HPI

61 MILLWAY 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 four 61 MILLWAY sales between October 1997 and March 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 December 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2012 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 61 MILLWAY be worth now?

61 MILLWAY might now be worth an estimated £865,488.

This is based on house price inflation of 73.1%, between March 2012 and December 2024, 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 73.1% inflationary increase is applied to the most recent sale price for 61 MILLWAY of £499,999 on 30th March 2012. For the value to have increased from £499,999 to £865,488 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 61 MILLWAY has moved in line with the HPI for semi-detached houses in the Barnet local authority area.
• The March 2012 sale price of £499,999 represented a fair market value for the property.
• The size, condition, and specification of 61 MILLWAY has not materially changed since March 2012.

How Large is 61 MILLWAY?

61 MILLWAY is 124m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% 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 61 MILLWAY lies on this distribution: 37% of semi-detached houses houses are smaller than 61 MILLWAY, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

61 MILLWAY: Plot and Title Map

61 MILLWAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 61 MILLWAY, 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 MILLWAY). 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 MILLWAY?

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