5, THE DRIVE, WEMBLEY, HA9 9EF - £220,000

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

5 THE DRIVE is a midsized detached house of 148m², built sometime between 1950 and 1966. It was last sold for £220,000 in May 1999, which was around 5% below the average May 1999 detached price in the Brent local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

5 THE DRIVE Sold Prices

Land registry data shows two sales for 5 THE DRIVE 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 5 THE DRIVE 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
1999 28 MAY	£220,000	£231,393	5% below HPI
1997 30 SEP	£160,000	£202,095	21% below HPI

5 THE DRIVE 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 5 THE DRIVE sales from September 1997 and May 1999 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 September 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 1999 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 THE DRIVE?

5 THE DRIVE is 148m² according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Wembley, based on EPC data. The below chart shows the distribution of detached houses by size in Wembley, and where 5 THE DRIVE lies on this distribution: 51% of detached houses are smaller than 5 THE DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wembley.

5 THE DRIVE: Plot and Title Map

5 THE DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 5 THE DRIVE, 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 5 THE DRIVE). 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 5 THE DRIVE?

5 THE DRIVE is located in WEMBLEY, in the HA9 postcode district. The below map shows the position of No. 5 on THE DRIVE.