50, WISE LANE, LONDON, NW7 2RE - £560,000

50 WISE LANE is a very large detached house of 538m², built sometime between 2003 and 2006. It was last sold for £560,000 in May 2005, which was around 5% below the average May 2005 detached price in the Barnet local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

50 WISE LANE Sold Prices

Land registry data shows two sales for 50 WISE LANE 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 50 WISE LANE 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
2005 13 MAY	£560,000	£589,551	5% below HPI
2004 30 SEP	£480,000	£608,951	21% below HPI

50 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 two 50 WISE LANE sales from September 2004 and May 2005 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 September 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2005 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 50 WISE LANE?

50 WISE LANE is 538m² according to the EPC inspection conducted in February 2014. 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 50 WISE LANE lies on this distribution: 99% of detached houses are smaller than 50 WISE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

50 WISE LANE: Plot and Title Map

50 WISE LANE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 50 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 50 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 50 WISE LANE?

50 WISE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 50 on WISE LANE.