2, NEWELL RISE, HEMEL HEMPSTEAD, HP3 9UT - £320,000

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

2 NEWELL RISE is a very small extended detached house of 77m², built sometime between 1991 and 1995. It was last sold for £320,000 in October 2014, which was around 51% below the average October 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

2 NEWELL RISE Sold Prices

Land registry data shows two sales for 2 NEWELL RISE 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 2 NEWELL RISE 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
2014 24 OCT	£320,000	£647,720	51% below HPI
2014 21 MAY	£291,000	£591,535	51% below HPI

2 NEWELL RISE 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 2 NEWELL RISE sales from May 2014 and October 2014 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 May 2014 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2014 sale, which was also at 51% below the HPI.

How Large is 2 NEWELL RISE?

2 NEWELL RISE is 77m², which includes two extensions, according to the EPC inspection conducted in January 2020. 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 2 NEWELL RISE lies on this distribution: 4% of detached houses are smaller than 2 NEWELL RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 NEWELL RISE: Plot and Title Map

2 NEWELL RISE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 NEWELL RISE, 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 2 NEWELL RISE). 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 2 NEWELL RISE?

2 NEWELL RISE is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 2 on NEWELL RISE.