94, WISE LANE, LONDON, NW7 2RD - £720,000

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

94 WISE LANE is a very large extended detached house of 248m², built sometime between 1930 and 1949. It was last sold for £720,000 in August 2004, which was around 20% above the average August 2004 detached price in the Barnet local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

94 WISE LANE Sold Prices

Land registry data shows three sales for 94 WISE 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 94 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
2004 16 AUG	£720,000	£601,448	20% above HPI
2002 22 FEB	£655,000	£475,011	38% above HPI
2000 26 MAY	£426,000	£399,893	7% above HPI

94 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 three 94 WISE LANE sales between May 2000 and August 2004 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 February 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2004 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 94 WISE LANE?

94 WISE LANE is 248m², which includes two extensions, according to the EPC inspection conducted in December 2021. 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 94 WISE LANE lies on this distribution: 85% of detached houses are smaller than 94 WISE LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in London.

94 WISE LANE: Plot and Title Map

94 WISE LANE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 94 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 94 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 94 WISE LANE?

94 WISE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 94 on WISE LANE.