248, GRASMERE AVENUE, WEMBLEY, HA9 8TW - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

248 GRASMERE AVENUE is a very small semi-detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £583,204. It was last sold for £435,000 in July 2014, which was around 28% below the average July 2014 semi-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 B.

248 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 248 GRASMERE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Brent local authority area for the corresponding sale date. Both of the two 248 GRASMERE AVENUE 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
2014 4 JUL	£435,000	£601,696	28% below HPI
1998 15 MAY	£120,000	£147,527	19% below HPI

248 GRASMERE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Brent local authority area over time, sourced from the HPI. The two 248 GRASMERE AVENUE sales from May 1998 and July 2014 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 May 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 248 GRASMERE AVENUE be worth now?

248 GRASMERE AVENUE might now be worth an estimated £583,204.

This is based on house price inflation of 34.1%, between July 2014 and February 2025, for semi-detached houses, in the Brent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.1% inflationary increase is applied to the most recent sale price for 248 GRASMERE AVENUE of £435,000 on 4th July 2014. For the value to have increased from £435,000 to £583,204 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 248 GRASMERE AVENUE has moved in line with the HPI for semi-detached houses in the Brent local authority area.
• The July 2014 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 248 GRASMERE AVENUE has not materially changed since July 2014.

How Large is 248 GRASMERE AVENUE?

248 GRASMERE AVENUE is 79m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 248 GRASMERE AVENUE lies on this distribution: 7% of semi-detached houses houses are smaller than 248 GRASMERE AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

248 GRASMERE AVENUE: Plot and Title Map

248 GRASMERE AVENUE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 248 GRASMERE AVENUE, 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 248 GRASMERE AVENUE). 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 248 GRASMERE AVENUE?

248 GRASMERE AVENUE is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 248 on GRASMERE AVENUE.