1, POETS CHASE, HEMEL HEMPSTEAD, HP1 3RN - £520,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 POETS CHASE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £535,290. It was last sold for £520,000 in July 2022, which was around 42% below the average July 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

1 POETS CHASE Sold Prices

Land registry data shows two sales for 1 POETS CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 1 POETS CHASE 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 22 JUL	£520,000	£894,697	42% below HPI
2002 12 APR	£205,000	£324,919	37% below HPI

1 POETS CHASE 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 two 1 POETS CHASE sales from April 2002 and July 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 April 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 POETS CHASE be worth now?

1 POETS CHASE might now be worth an estimated £535,290.

This is based on house price inflation of 2.9%, between July 2022 and February 2025, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 1 POETS CHASE of £520,000 on 22nd July 2022. For the value to have increased from £520,000 to £535,290 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 POETS CHASE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 1 POETS CHASE has not materially changed since July 2022.

How Large is 1 POETS CHASE?

1 POETS CHASE is 74m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 1 POETS CHASE lies on this distribution: 3% of detached houses houses are smaller than 1 POETS CHASE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1 POETS CHASE: Plot and Title Map

1 POETS CHASE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 POETS CHASE, 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 POETS CHASE). 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 POETS CHASE?

1 POETS CHASE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 1 on POETS CHASE.