2, PARKHILL ROAD, HEMEL HEMPSTEAD, HP1 1TW - £807,950

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 PARKHILL ROAD is a large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £807,950 in January 2023, which was around 16% below the average January 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

2 PARKHILL ROAD Sold Prices

Land registry data shows three sales for 2 PARKHILL ROAD 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 2 PARKHILL 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
2023 11 JAN	£807,950	£965,578	16% below HPI
2019 24 JAN	£675,000	£821,369	18% below HPI
1996 21 DEC	£151,500	£167,803	10% below HPI

2 PARKHILL ROAD 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 2 PARKHILL ROAD sales between December 1996 and January 2023 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 January 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 PARKHILL ROAD?

2 PARKHILL ROAD is 162m², which includes four extensions, according to the EPC inspection conducted in March 2018. 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 2 PARKHILL ROAD lies on this distribution: 76% of detached houses are smaller than 2 PARKHILL ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 PARKHILL ROAD: Plot and Title Map

2 PARKHILL ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 PARKHILL 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 2 PARKHILL 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.

Where is 2 PARKHILL ROAD?

2 PARKHILL ROAD is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 2 on PARKHILL ROAD.