78, WISE LANE, LONDON, NW7 2RG - £1,300,000

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

78 WISE LANE is a very large extended detached house of 223m², built sometime between 1967 and 1975. It was last sold for £1,300,000 in January 2015, which was around 22% above the average January 2015 detached price in the Barnet local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

78 WISE LANE Sold Prices

Land registry data shows two sales for 78 WISE LANE 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 78 WISE 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
2015 12 JAN	£1,300,000	£1,066,836	22% above HPI
2001 10 JAN	£500,000	£425,261	18% above HPI

78 WISE 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 two 78 WISE LANE sales from January 2001 and January 2015 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 January 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 78 WISE LANE?

78 WISE LANE is 223m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 78 WISE LANE lies on this distribution: 81% of detached houses are smaller than 78 WISE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

78 WISE LANE: Plot and Title Map

78 WISE LANE sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of 78 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 78 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.

Where is 78 WISE LANE?

78 WISE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 78 on WISE LANE.