15, SUMMIT CLOSE, LONDON, NW9 0UL - £520,000

15 SUMMIT CLOSE is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £520,000 in May 2019, which was around 50% below the average May 2019 detached price in the Brent local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

15 SUMMIT CLOSE Sold Prices

Land registry data shows two sales for 15 SUMMIT CLOSE 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 15 SUMMIT CLOSE 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
2019 3 MAY	£520,000	£1,043,557	50% below HPI
2015 6 FEB	£580,000	£899,453	36% below HPI

15 SUMMIT CLOSE 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 15 SUMMIT CLOSE sales from February 2015 and May 2019 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 February 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 15 SUMMIT CLOSE?

15 SUMMIT CLOSE is 75m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 15 SUMMIT CLOSE lies on this distribution: 6% of detached houses are smaller than 15 SUMMIT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

15 SUMMIT CLOSE: Plot and Title Map

15 SUMMIT CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 15 SUMMIT CLOSE, 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 15 SUMMIT CLOSE). 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 15 SUMMIT CLOSE?

15 SUMMIT CLOSE is located in LONDON, in the NW9 postcode district. The below map shows the position of No. 15 on SUMMIT CLOSE.