Seven Gables, a 1902 English Revival-style Chatswood house, has been listed for sale with $2.4 million-plus hopes.

Set on 1,391 square metres, it last sold in 2005 at $1,800,120. And before that at a record $1.7million when bought by the Cambridge family in 2002, some 22 years after it set an earlier suburb record of $200,000.

The Mowbray Road house was originally built on 2,500 square metres for the German accountant Albert Borchard and his wife, Phoebe, who sold after building another new house in Wollstonecraft  in 1910 to flour miller Daniel Cadwallader for £2,000.

Borchard had migrated to Australia in 1884 and travelled across NSW to do the books for a number of country stores, and was regarded as the king accountant of Sydney when he died in 1926.

He’d nostalgically named his new house Heidelberg, after the town where he grew up.

During World War I, Cadwallader changed the house’s name from Heidelberg to Werribeen.

The name changed later to Seven Gables arising from its distinctive hipped roof.

The lot dates back to the initial 65-hectare 1940 Crown grant made to James Blackett and Richard Read and then its 4.8-hectare sale to a local farmer, Frederick Holland, in April 1902.

It was named Oakfield Estate with its smaller building parcels hived off at a time that the road was a dirt thoroughfare.

A fire gutted the roof of the property three years ago which triggered its lengthy restoration.

Seven Gables was approved for classification by the National Trust in 1983, as it was considered “an important and extremely interesting house for its period, being of a more modern architectural style than the Federation-style houses of the same period which surround it”.