2, RAMSON RISE, HEMEL HEMPSTEAD, HP1 2DG - £325,000

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 RAMSON RISE is a very small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £325,000 in August 2014, which was around 49% below the average August 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

2 RAMSON RISE Sold Prices

Land registry data shows three sales for 2 RAMSON RISE 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 RAMSON 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 15 AUG	£325,000	£641,543	49% below HPI
2006 31 AUG	£244,750	£463,044	47% below HPI
1995 31 AUG	£80,500	£154,271	48% below HPI

2 RAMSON 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 three 2 RAMSON RISE sales between August 1995 and August 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 August 2006 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2014 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 RAMSON RISE?

2 RAMSON RISE is 95m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 RAMSON RISE lies on this distribution: 16% of detached houses are smaller than 2 RAMSON RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 RAMSON RISE: Plot and Title Map

2 RAMSON RISE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 2 RAMSON 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 RAMSON 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 RAMSON RISE?

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