38A, MONTPELIER RISE, WEMBLEY, HA9 8RQ - £595,000

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

38A MONTPELIER RISE is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £595,000 in November 2022, which was around 52% below the average November 2022 detached price in the Brent local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

38A MONTPELIER RISE Sold Prices

Land registry data shows two sales for 38A MONTPELIER RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brent local authority area for the corresponding sale date. Both of the two 38A MONTPELIER RISE 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 4 NOV	£595,000	£1,235,174	52% below HPI
1995 18 DEC	£87,000	£156,904	45% below HPI

38A MONTPELIER RISE 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 two 38A MONTPELIER RISE sales from December 1995 and November 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 December 1995 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 38A MONTPELIER RISE?

38A MONTPELIER RISE is 87m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 38A MONTPELIER RISE lies on this distribution: 11% of detached houses are smaller than 38A MONTPELIER RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

38A MONTPELIER RISE: Plot and Title Map

38A MONTPELIER RISE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 38A MONTPELIER RISE, 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 38A MONTPELIER RISE). 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 38A MONTPELIER RISE?

38A MONTPELIER RISE is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 38A on MONTPELIER RISE.