1, GREENACRES, HEMEL HEMPSTEAD, HP2 4LX - £935,000

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

1 GREENACRES is a very large extended detached house of 206m², built sometime between 1996 and 2002. It was last sold for £935,000 in July 2021, which was around 7% above the average July 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

1 GREENACRES Sold Prices

Land registry data shows three sales for 1 GREENACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 1 GREENACRES 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
2021 28 JUL	£935,000	£872,440	7% above HPI
2000 29 JUN	£390,000	£302,484	29% above HPI
1999 9 JUL	£318,000	£237,195	34% above HPI

1 GREENACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The three 1 GREENACRES sales between July 1999 and July 2021 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 June 2000 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 GREENACRES?

1 GREENACRES is 206m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hemel Hempstead, and where 1 GREENACRES lies on this distribution: 89% of detached houses are smaller than 1 GREENACRES, and 11% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1 GREENACRES: Plot and Title Map

1 GREENACRES sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 1 GREENACRES, 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 1 GREENACRES). 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 1 GREENACRES?

1 GREENACRES is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 1 on GREENACRES.