2, REES DRIVE, STANMORE, HA7 4YN - £1,370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 REES DRIVE is a large detached house of 261m², built sometime between 1996 and 2002. It was last sold for £1,370,000 in April 2018, which was around 31% above the average April 2018 detached price in the Harrow local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

2 REES DRIVE Sold Prices

Land registry data shows two sales for 2 REES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harrow local authority area for the corresponding sale date. Both of the two 2 REES DRIVE sales were 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
2018 12 APR	£1,370,000	£1,049,523	31% above HPI
1997 23 DEC	£440,000	£258,539	70% above HPI

2 REES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harrow local authority area over time, sourced from the HPI. The two 2 REES DRIVE sales from December 1997 and April 2018 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 December 1997 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the April 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 2 REES DRIVE?

2 REES DRIVE is 261m² according to the EPC inspection conducted in December 2011. This puts it in the largest 30% of detached houses in Stanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Stanmore, and where 2 REES DRIVE lies on this distribution: 79% of detached houses are smaller than 2 REES DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Stanmore.

2 REES DRIVE: Plot and Title Map

2 REES DRIVE sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 2 REES DRIVE, 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 REES DRIVE). 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 2 REES DRIVE?

2 REES DRIVE is located in STANMORE, in the HA7 postcode district. The below map shows the position of No. 2 on REES DRIVE.