21, PANCAKE LANE, HEMEL HEMPSTEAD, HP2 4NB - £635,000

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

21 PANCAKE LANE is a small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £635,000 in April 2021, which was around 25% below the average April 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was D.

21 PANCAKE LANE Sold Prices

Land registry data shows two sales for 21 PANCAKE LANE 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 21 PANCAKE LANE 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
2021 28 APR	£635,000	£847,623	25% below HPI
2008 22 FEB	£450,000	£543,290	17% below HPI

21 PANCAKE LANE 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 21 PANCAKE LANE sales from February 2008 and April 2021 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 February 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 21 PANCAKE LANE?

21 PANCAKE LANE is 104m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 21 PANCAKE LANE lies on this distribution: 25% of detached houses are smaller than 21 PANCAKE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

21 PANCAKE LANE: Plot and Title Map

21 PANCAKE LANE sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 21 PANCAKE LANE, 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 21 PANCAKE LANE). 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 21 PANCAKE LANE?

21 PANCAKE LANE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 21 on PANCAKE LANE.