12, THE HORSESHOE, HEMEL HEMPSTEAD, HP3 8QW - £805,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 THE HORSESHOE is a large extended detached house of 173m², built sometime between 1967 and 1975. It was last sold for £805,000 in September 2021, which was around 10% below the average September 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

12 THE HORSESHOE Sold Prices

Land registry data shows three sales for 12 THE HORSESHOE 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 12 THE HORSESHOE 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 30 SEP	£805,000	£891,324	10% below HPI
2017 15 MAR	£689,995	£814,904	15% below HPI
2003 21 AUG	£370,000	£434,945	15% below HPI

12 THE HORSESHOE 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 12 THE HORSESHOE sales between August 2003 and September 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 March 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12 THE HORSESHOE?

12 THE HORSESHOE is 173m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% 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 THE HORSESHOE lies on this distribution: 80% of detached houses are smaller than 12 THE HORSESHOE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

12 THE HORSESHOE: Plot and Title Map

12 THE HORSESHOE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 12 THE HORSESHOE, 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 THE HORSESHOE). 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 THE HORSESHOE?

12 THE HORSESHOE is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 12 on THE HORSESHOE.