3, THE MARAIS, LONDON, W4 3TH - £1,575,000

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.

3 THE MARAIS is a large extended detached house of 176m², built sometime between 1991 and 1995, which could now be worth an estimated £1,959,075. It was last sold for £1,575,000 in February 2016, which was around 93% above the average February 2016 detached price in the Hounslow local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

3 THE MARAIS Sold Prices

Land registry data shows three sales for 3 THE MARAIS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hounslow local authority area for the corresponding sale date. All of the three 3 THE MARAIS 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
2016 19 FEB	£1,575,000	£816,010	93% above HPI
2014 24 OCT	£1,400,000	£741,411	89% above HPI
2006 13 JUL	£725,000	£482,492	50% above HPI

3 THE MARAIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hounslow local authority area over time, sourced from the HPI. The three 3 THE MARAIS sales between July 2006 and February 2016 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 October 2014 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the February 2016 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 3 THE MARAIS be worth now?

3 THE MARAIS might now be worth an estimated £1,959,075.

This is based on house price inflation of 24.4%, between February 2016 and February 2025, for detached houses, in the Hounslow local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.4% inflationary increase is applied to the most recent sale price for 3 THE MARAIS of £1,575,000 on 19th February 2016. For the value to have increased from £1,575,000 to £1,959,075 over the nine years to February 2025, the following assumptions must hold true:

• The value of 3 THE MARAIS has moved in line with the HPI for detached houses in the Hounslow local authority area.
• The February 2016 sale price of £1,575,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE MARAIS has not materially changed since February 2016.

How Large is 3 THE MARAIS?

3 THE MARAIS is 176m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 3 THE MARAIS lies on this distribution: 66% of detached houses houses are smaller than 3 THE MARAIS, and 34% of houses are larger. Note that EPC data is not available for all properties in London.

3 THE MARAIS: Plot and Title Map

3 THE MARAIS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 THE MARAIS, 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 3 THE MARAIS). 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 3 THE MARAIS?

3 THE MARAIS is located in LONDON, in the W4 postcode district. The below map shows the position of No. 3 on THE MARAIS.