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
2 BARN RISE is a very large detached house of 235m², built sometime between 1950 and 1966. It was last sold for £1,115,500 in August 2023, which was around 9% below the average August 2023 detached price in the Brent local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 BARN RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brent local authority area for the corresponding sale date. Two of the three 2 BARN RISE sales were for below the average price, whilst one was for above 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 4 AUG | £1,115,500 | £1,225,367 | 9% below HPI |
2016 25 NOV | £650,000 | £1,080,172 | 40% below HPI |
1997 30 MAY | £235,000 | £179,879 | 31% above HPI |
The below graph shows the average detached house price in the Brent local authority area over time, sourced from the HPI. The three 2 BARN RISE sales between May 1997 and August 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 November 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
2 BARN RISE is 235m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Wembley, based on EPC data. The below chart shows the distribution of detached houses by size in Wembley, and where 2 BARN RISE lies on this distribution: 93% of detached houses are smaller than 2 BARN RISE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wembley.
2 BARN RISE sits on a plot of roughly 0.208 of an acre, or 844m². The below map shows the location of 2 BARN RISE, 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 2 BARN RISE). 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.
2 BARN RISE is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 2 on BARN RISE.