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
18 MIDLAND ROAD is a large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £601,000 in July 2021, which was around 31% below the average July 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 18 MIDLAND ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 18 MIDLAND ROAD 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 JUL | £601,000 | £872,440 | 31% below HPI |
2011 2 SEP | £377,500 | £540,284 | 30% below HPI |
2010 29 JAN | £370,000 | £496,240 | 25% below HPI |
1996 26 APR | £108,000 | £159,493 | 32% below HPI |
The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The four 18 MIDLAND ROAD sales between April 1996 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 September 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
18 MIDLAND ROAD is 151m², which includes three extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% 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 18 MIDLAND ROAD lies on this distribution: 69% of detached houses are smaller than 18 MIDLAND ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.
18 MIDLAND ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 18 MIDLAND ROAD, 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 18 MIDLAND ROAD). 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.
18 MIDLAND ROAD is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 18 on MIDLAND ROAD.