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

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.

FORTIS HOUSE is a large extended detached house of 174m², built sometime before 1900, which could now be worth an estimated £1,294,881. It was last sold for £1,100,000 in May 2019, which was around 17% 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	£1,326,620	17% below HPI
2010 29 NOV	£560,000	£912,135	39% below HPI
2006 15 DEC	£490,000	£754,131	35% below HPI
1998 25 SEP	£215,000	£347,440	38% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might FORTIS HOUSE be worth now?

FORTIS HOUSE might now be worth an estimated £1,294,881.

This is based on house price inflation of 17.7%, between May 2019 and March 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 17.7% inflationary increase is applied to the most recent sale price for FORTIS HOUSE of £1,100,000 on 29th May 2019. For the value to have increased from £1,100,000 to £1,294,881 over the six years and two months to March 2025, the following assumptions must hold true:

• The value of FORTIS HOUSE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The May 2019 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of FORTIS HOUSE has not materially changed since May 2019.

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 houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where FORTIS HOUSE lies on this distribution: 65% of detached houses houses are smaller than FORTIS HOUSE, and 35% 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.