27A, FORTY LANE, WEMBLEY, HA9 9EU - £1,300,000

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

27A FORTY LANE is a large extended detached house of 183m², built sometime between 1967 and 1975. It was last sold for £1,300,000 in January 2022, which was around 15% above the average January 2022 detached price in the Brent local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

27A FORTY LANE Sold Prices

Land registry data shows four sales for 27A FORTY LANE since 1^st 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. Most of the four 27A FORTY LANE 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
2022 20 JAN	£1,300,000	£1,131,356	15% above HPI
2019 12 JUL	£850,000	£1,020,419	17% below HPI
1996 28 JUN	£147,000	£157,034	6% below HPI
1996 2 JAN	£85,000	£157,296	46% below HPI

27A FORTY LANE 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 four 27A FORTY LANE sales between January 1996 and January 2022 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 July 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 27A FORTY LANE?

27A FORTY LANE is 183m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Wembley, based on EPC data. The below chart shows the distribution of detached houses by size in Wembley, and where 27A FORTY LANE lies on this distribution: 75% of detached houses are smaller than 27A FORTY LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Wembley.

27A FORTY LANE: Plot and Title Map

27A FORTY LANE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 27A FORTY LANE, 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 27A FORTY LANE). 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 27A FORTY LANE?

27A FORTY LANE is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 27A on FORTY LANE.