23, PIERIAN SPRING, HEMEL HEMPSTEAD, HP1 3JP - £800,000

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

23 PIERIAN SPRING is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £800,000 in September 2022, which was around 17% below the average September 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

23 PIERIAN SPRING Sold Prices

Land registry data shows four sales for 23 PIERIAN SPRING since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Most of the four 23 PIERIAN SPRING 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 9 SEP	£800,000	£969,142	17% below HPI
2008 4 SEP	£412,500	£510,144	19% below HPI
2001 5 OCT	£295,000	£340,664	13% below HPI
1996 18 JUL	£168,000	£159,513	5% above HPI

23 PIERIAN SPRING 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 four 23 PIERIAN SPRING sales between July 1996 and September 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 September 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 PIERIAN SPRING?

23 PIERIAN SPRING is 120m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 23 PIERIAN SPRING lies on this distribution: 42% of detached houses are smaller than 23 PIERIAN SPRING, and 57% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

23 PIERIAN SPRING: Plot and Title Map

23 PIERIAN SPRING sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 23 PIERIAN SPRING, 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 23 PIERIAN SPRING). 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 23 PIERIAN SPRING?

23 PIERIAN SPRING is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 23 on PIERIAN SPRING.