7, REES DRIVE, STANMORE, HA7 4YN - £1,375,000

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

7 REES DRIVE is a midsized detached house of 185m², built sometime between 1996 and 2002. It was last sold for £1,375,000 in February 2024, which was around 15% above the average February 2024 detached price in the Harrow local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

7 REES DRIVE Sold Prices

Land registry data shows three sales for 7 REES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harrow local authority area for the corresponding sale date. All of the three 7 REES DRIVE 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
2024 8 FEB	£1,375,000	£1,200,084	15% above HPI
2000 23 AUG	£460,000	£380,188	21% above HPI
1997 13 OCT	£392,500	£254,312	54% above HPI

7 REES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harrow local authority area over time, sourced from the HPI. The three 7 REES DRIVE sales between October 1997 and February 2024 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 August 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 7 REES DRIVE?

7 REES DRIVE is 185m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Stanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Stanmore, and where 7 REES DRIVE lies on this distribution: 52% of detached houses are smaller than 7 REES DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Stanmore.

7 REES DRIVE: Plot and Title Map

7 REES DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 7 REES 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 7 REES 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 7 REES DRIVE?

7 REES DRIVE is located in STANMORE, in the HA7 postcode district. The below map shows the position of No. 7 on REES DRIVE.