12, PANCAKE LANE, HEMEL HEMPSTEAD, HP2 4NB - £500,000

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

12 PANCAKE LANE is a very large extended detached house of 222m², built sometime from 2012 onwards. It was last sold for £500,000 in February 2021, which was around 42% below the average February 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2022, where the current energy rating was A, and the potential energy rating was A.

12 PANCAKE LANE Sold Prices

Land registry data shows two sales for 12 PANCAKE LANE 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 12 PANCAKE 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
2021 26 FEB	£500,000	£867,840	42% below HPI
2018 7 SEP	£450,000	£830,603	46% below HPI

12 PANCAKE LANE 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 12 PANCAKE LANE sales from September 2018 and February 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 September 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 PANCAKE LANE?

12 PANCAKE LANE is 222m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 12 PANCAKE LANE lies on this distribution: 92% of detached houses are smaller than 12 PANCAKE LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

12 PANCAKE LANE: Plot and Title Map

12 PANCAKE LANE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 12 PANCAKE 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 12 PANCAKE 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.

Where is 12 PANCAKE LANE?

12 PANCAKE LANE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 12 on PANCAKE LANE.