18, PANCAKE LANE, HEMEL HEMPSTEAD, HP2 4NB - £575,000

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

18 PANCAKE LANE is a small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £575,000 in December 2011, which was around 8% above the average December 2011 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

18 PANCAKE LANE Sold Prices

Land registry data shows three sales for 18 PANCAKE LANE 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. One of the three 18 PANCAKE LANE sales was for above the average price, whilst two 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
2011 12 DEC	£575,000	£531,937	8% above HPI
2008 10 SEP	£400,000	£510,144	22% below HPI
2003 23 JUL	£407,500	£433,902	6% below HPI

18 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 three 18 PANCAKE LANE sales between July 2003 and December 2011 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2011 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 18 PANCAKE LANE?

18 PANCAKE LANE is 107m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 18 PANCAKE LANE lies on this distribution: 28% of detached houses are smaller than 18 PANCAKE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

18 PANCAKE LANE: Plot and Title Map

18 PANCAKE LANE sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of 18 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 18 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 18 PANCAKE LANE?

18 PANCAKE LANE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 18 on PANCAKE LANE.