2, SHEARWATER ROAD, HEMEL HEMPSTEAD, HP3 0GD - £780,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SHEARWATER ROAD is a very large detached house of 202m², which could now be worth an estimated £802,935. It was last sold for £780,000 in July 2022, which was around 13% below the average July 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

2 SHEARWATER ROAD Sold Prices

Land registry data shows two sales for 2 SHEARWATER ROAD 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 SHEARWATER 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
2022 29 JUL	£780,000	£894,697	13% below HPI
2014 30 JUN	£514,995	£576,797	11% below HPI

2 SHEARWATER 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 two 2 SHEARWATER ROAD sales from June 2014 and July 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 June 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 SHEARWATER ROAD be worth now?

2 SHEARWATER ROAD might now be worth an estimated £802,935.

This is based on house price inflation of 2.9%, between July 2022 and February 2025, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 2 SHEARWATER ROAD of £780,000 on 29th July 2022. For the value to have increased from £780,000 to £802,935 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SHEARWATER ROAD has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2022 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHEARWATER ROAD has not materially changed since July 2022.

How Large is 2 SHEARWATER ROAD?

2 SHEARWATER ROAD is 202m² according to the EPC inspection conducted in December 2012. This puts it in the largest 20% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 2 SHEARWATER ROAD lies on this distribution: 89% of detached houses houses are smaller than 2 SHEARWATER ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 SHEARWATER ROAD: Plot and Title Map

2 SHEARWATER ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 SHEARWATER 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 SHEARWATER 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 SHEARWATER ROAD?

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