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
8 WISE LANE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £595,000 in September 2022, which was around 34% below the average September 2022 detached price in the Hillingdon local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 WISE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hillingdon local authority area for the corresponding sale date. All of the three 8 WISE LANE 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 13 SEP | £595,000 | £905,493 | 34% below HPI |
2013 5 AUG | £299,000 | £519,623 | 42% below HPI |
2010 9 MAR | £246,000 | £453,663 | 46% below HPI |
The below graph shows the average detached house price in the Hillingdon local authority area over time, sourced from the HPI. The three 8 WISE LANE sales between March 2010 and September 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 August 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
8 WISE LANE is 96m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in West Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in West Drayton, and where 8 WISE LANE lies on this distribution: 34% of detached houses are smaller than 8 WISE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in West Drayton.
8 WISE LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 WISE LANE, 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 8 WISE LANE). 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.
8 WISE LANE is located in WEST DRAYTON, in the UB7 postcode district. The below map shows the position of No. 8 on WISE LANE.