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 MAYFIELDS is a very large detached house of 213m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2010, which was around 15% below the average August 2010 detached price in the Brent local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows four sales for 2 MAYFIELDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brent local authority area for the corresponding sale date. The four 2 MAYFIELDS sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2010 5 AUG | £525,000 | £619,209 | 15% below HPI |
2007 21 JUN | £500,000 | £563,805 | 11% below HPI |
2006 18 AUG | £500,000 | £500,166 | Close to HPI |
1996 12 DEC | £157,500 | £169,442 | 7% below HPI |
The below graph shows the average detached house price in the Brent local authority area over time, sourced from the HPI. The four 2 MAYFIELDS sales between December 1996 and August 2010 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
2 MAYFIELDS is 213m² according to the EPC inspection conducted in May 2010. This puts it in the largest 20% 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 MAYFIELDS lies on this distribution: 89% of detached houses are smaller than 2 MAYFIELDS, and 11% of houses are larger. Note that EPC data is not available for all properties in Wembley.
2 MAYFIELDS sits on a plot of roughly 0.170 of an acre, or 690m². The below map shows the location of 2 MAYFIELDS, 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 MAYFIELDS). 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 MAYFIELDS is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 2 on MAYFIELDS.