PENULTIMATE, HILLVIEW ROAD, LONDON, NW7 1AJ - £885,000

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

PENULTIMATE is a midsized detached house of 159m², built sometime between 1967 and 1975. It was last sold for £885,000 in May 2017, which was around 29% below the average May 2017 detached price in the Barnet local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

PENULTIMATE Sold Prices

Land registry data shows two sales for PENULTIMATE 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 PENULTIMATE 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
2017 10 MAY	£885,000	£1,240,247	29% below HPI
1995 3 AUG	£185,350	£214,248	13% below HPI

PENULTIMATE 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 PENULTIMATE sales from August 1995 and May 2017 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 August 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is PENULTIMATE?

PENULTIMATE is 159m² according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where PENULTIMATE lies on this distribution: 58% of detached houses are smaller than PENULTIMATE, and 41% of houses are larger. Note that EPC data is not available for all properties in London.

PENULTIMATE: Plot and Title Map

PENULTIMATE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of PENULTIMATE, 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 PENULTIMATE). 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 PENULTIMATE?

PENULTIMATE is located on HILLVIEW ROAD in LONDON, in the NW7 postcode district. The below map shows the position of PENULTIMATE on HILLVIEW ROAD.