THE WATER HOUSE, MILLFIELD LANE, LONDON, N6 6HQ - £15,000,000

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

THE WATER HOUSE is a very large extended detached house of 508m², built sometime between 1930 and 1949. It was last sold for £15,000,000 in December 2023, which was around 380% above the average December 2023 detached price in the Camden local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was D.

THE WATER HOUSE Sold Prices

Land registry data shows three sales for THE WATER HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Camden local authority area for the corresponding sale date. Two of the three THE WATER HOUSE sales were for above the average price, whilst one was 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
2023 12 DEC	£15,000,000	£3,127,372	380% above HPI
2017 1 MAR	£6,600,000	£2,690,758	145% above HPI
2003 29 JAN	£195,000	£1,027,805	81% below HPI

THE WATER HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Camden local authority area over time, sourced from the HPI. The three THE WATER HOUSE sales between January 2003 and December 2023 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 March 2017 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the December 2023 sale, where it rises to 380% above the HPI. The line then continues to track at 380% above the HPI.

How Large is THE WATER HOUSE?

THE WATER HOUSE is 508m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where THE WATER HOUSE lies on this distribution: 98% of detached houses are smaller than THE WATER HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

THE WATER HOUSE: Plot and Title Map

THE WATER HOUSE sits on a plot of roughly 0.585 of an acre, or 2,369m². The below map shows the location of THE WATER 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 THE WATER 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 THE WATER HOUSE?

THE WATER HOUSE is located on MILLFIELD LANE in LONDON, in the N6 postcode district. The below map shows the position of THE WATER HOUSE on MILLFIELD LANE.