38, THE PADDOCKS, WEMBLEY, HA9 9HH - £995,000

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

38 THE PADDOCKS is a very large extended detached house of 201m², built sometime between 1950 and 1966. It was last sold for £995,000 in February 2022, which was around 12% below the average February 2022 detached price in the Brent local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

38 THE PADDOCKS Sold Prices

Land registry data shows three sales for 38 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brent local authority area for the corresponding sale date. One of the three 38 THE PADDOCKS sales was for below the average price, whilst two 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
2022 7 FEB	£995,000	£1,124,519	12% below HPI
2014 6 JUN	£865,000	£852,648	1% above HPI
2004 20 FEB	£700,000	£460,147	52% above HPI

38 THE PADDOCKS 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 three 38 THE PADDOCKS sales between February 2004 and February 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 June 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38 THE PADDOCKS?

38 THE PADDOCKS is 201m², which includes three extensions, according to the EPC inspection conducted in September 2021. 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 38 THE PADDOCKS lies on this distribution: 85% of detached houses are smaller than 38 THE PADDOCKS, and 15% of houses are larger. Note that EPC data is not available for all properties in Wembley.

38 THE PADDOCKS: Plot and Title Map

38 THE PADDOCKS sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 38 THE PADDOCKS, 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 38 THE PADDOCKS). 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 38 THE PADDOCKS?

38 THE PADDOCKS is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 38 on THE PADDOCKS.