FORTIS HOUSE, HAMMERS LANE, LONDON, NW7 4DJ - £1,100,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FORTIS HOUSE is a large extended detached house of 174m², built sometime before 1900. It was last sold for £1,100,000 in May 2019, which was around 5% below the average May 2019 detached price in the Barnet local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

FORTIS HOUSE Sold Prices

Land registry data shows four sales for FORTIS HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. All of the four FORTIS HOUSE sales were for below 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
2019 29 MAY	£1,100,000	£1,163,220	5% below HPI
2010 29 NOV	£560,000	£799,791	30% below HPI
2006 15 DEC	£490,000	£661,248	26% below HPI
1998 25 SEP	£215,000	£304,647	29% below HPI

FORTIS HOUSE 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 four FORTIS HOUSE sales between September 1998 and May 2019 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 November 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is FORTIS HOUSE?

FORTIS HOUSE is 174m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where FORTIS HOUSE lies on this distribution: 65% of detached houses are smaller than FORTIS HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in London.

FORTIS HOUSE: Plot and Title Map

FORTIS HOUSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of FORTIS HOUSE, 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 FORTIS HOUSE). 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 FORTIS HOUSE?

FORTIS HOUSE is located on HAMMERS LANE in LONDON, in the NW7 postcode district. The below map shows the position of FORTIS HOUSE on HAMMERS LANE.