18, POETS CHASE, HEMEL HEMPSTEAD, HP1 3RN - £595,000

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

18 POETS CHASE is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £595,000 in September 2022, which was around 39% below the average September 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

18 POETS CHASE Sold Prices

Land registry data shows three sales for 18 POETS CHASE 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 18 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 8 SEP	£595,000	£969,142	39% below HPI
2002 30 AUG	£240,000	£374,115	36% below HPI
2000 14 JUL	£194,000	£304,073	36% below HPI

18 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 three 18 POETS CHASE sales between July 2000 and September 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 August 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 18 POETS CHASE?

18 POETS CHASE is 87m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 18 POETS CHASE lies on this distribution: 9% of detached houses are smaller than 18 POETS CHASE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

18 POETS CHASE: Plot and Title Map

18 POETS CHASE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 18 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 18 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 18 POETS CHASE?

18 POETS CHASE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 18 on POETS CHASE.