2, THE LAWNS, HEMEL HEMPSTEAD, HP1 2TF - £425,000

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 THE LAWNS is a midsized detached house of 129m², built sometime between 1983 and 1990. It was last sold for £425,000 in October 2010, which was around 20% below the average October 2010 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

2 THE LAWNS Sold Prices

Land registry data shows two sales for 2 THE LAWNS 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 THE LAWNS 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
2010 8 OCT	£425,000	£532,197	20% below HPI
2006 8 SEP	£360,000	£468,396	23% below HPI

2 THE LAWNS 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 THE LAWNS sales from September 2006 and October 2010 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 September 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2010 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 THE LAWNS?

2 THE LAWNS is 129m² according to the EPC inspection conducted in July 2010. This puts it in the largest 50% 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 THE LAWNS lies on this distribution: 51% of detached houses are smaller than 2 THE LAWNS, and 49% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 THE LAWNS: Plot and Title Map

2 THE LAWNS sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2 THE LAWNS, 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 THE LAWNS). 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 THE LAWNS?

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