1, FORTY CLOSE, WEMBLEY, HA9 8LJ - £385,000

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

1 FORTY CLOSE is a large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £385,000 in July 2004, which was around 19% below the average July 2004 detached price in the Brent local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was D.

1 FORTY CLOSE Sold Prices

Land registry data shows two sales for 1 FORTY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brent local authority area for the corresponding sale date. Both of the two 1 FORTY CLOSE 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
2004 16 JUL	£385,000	£476,156	19% below HPI
2003 12 NOV	£270,000	£454,613	41% below HPI

1 FORTY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brent local authority area over time, sourced from the HPI. The two 1 FORTY CLOSE sales from November 2003 and July 2004 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 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2004 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 FORTY CLOSE?

1 FORTY CLOSE is 167m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Wembley, based on EPC data. The below chart shows the distribution of detached houses by size in Wembley, and where 1 FORTY CLOSE lies on this distribution: 65% of detached houses are smaller than 1 FORTY CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Wembley.

1 FORTY CLOSE: Plot and Title Map

1 FORTY CLOSE sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of 1 FORTY CLOSE, 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 1 FORTY CLOSE). 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 1 FORTY CLOSE?

1 FORTY CLOSE is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 1 on FORTY CLOSE.