25, REES DRIVE, STANMORE, HA7 4YN - £1,220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

25 REES DRIVE is a large detached house of 201m², built sometime between 1996 and 2002, which could now be worth an estimated £1,433,125. It was last sold for £1,220,000 in May 2018, which was around 19% above the average May 2018 detached price in the Harrow local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

25 REES DRIVE Sold Prices

Land registry data shows four sales for 25 REES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harrow local authority area for the corresponding sale date. All of the four 25 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
2018 4 MAY	£1,220,000	£1,025,800	19% above HPI
2006 5 JUL	£690,000	£561,502	23% above HPI
2003 23 APR	£739,000	£503,866	47% above HPI
1998 27 NOV	£373,000	£274,446	36% above HPI

25 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 four 25 REES DRIVE sales between November 1998 and May 2018 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 July 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2018 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 25 REES DRIVE be worth now?

25 REES DRIVE might now be worth an estimated £1,433,125.

This is based on house price inflation of 17.5%, between May 2018 and April 2026, for detached houses, in the Harrow local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for 25 REES DRIVE of £1,220,000 on 4th May 2018. For the value to have increased from £1,220,000 to £1,433,125 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 25 REES DRIVE has moved in line with the HPI for detached houses in the Harrow local authority area.
• The May 2018 sale price of £1,220,000 represented a fair market value for the property.
• The size, condition, and specification of 25 REES DRIVE has not materially changed since May 2018.

How Large is 25 REES DRIVE?

25 REES DRIVE is 201m² according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses houses in Stanmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanmore, and where 25 REES DRIVE lies on this distribution: 60% of detached houses houses are smaller than 25 REES DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Stanmore.

25 REES DRIVE: Plot and Title Map

25 REES DRIVE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 25 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 25 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 25 REES DRIVE?

25 REES DRIVE is located in STANMORE, in the HA7 postcode district. The below map shows the position of No. 25 on REES DRIVE.