24, MALMES CROFT, HEMEL HEMPSTEAD, HP3 8QX - £540,000

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.

24 MALMES CROFT is a very small extended detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £649,909. It was last sold for £540,000 in March 2019, which was around 29% below the average March 2019 detached price in the Dacorum local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

24 MALMES CROFT Sold Prices

Land registry data shows two sales for 24 MALMES CROFT 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 24 MALMES CROFT 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
2019 6 MAR	£540,000	£765,250	29% below HPI
2018 30 NOV	£490,000	£795,986	38% below HPI

24 MALMES CROFT 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 24 MALMES CROFT sales from November 2018 and March 2019 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 November 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 24 MALMES CROFT be worth now?

24 MALMES CROFT might now be worth an estimated £649,909.

This is based on house price inflation of 20.4%, between March 2019 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 20.4% inflationary increase is applied to the most recent sale price for 24 MALMES CROFT of £540,000 on 6th March 2019. For the value to have increased from £540,000 to £649,909 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 24 MALMES CROFT has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2019 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MALMES CROFT has not materially changed since March 2019.

How Large is 24 MALMES CROFT?

24 MALMES CROFT is 97m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 24 MALMES CROFT lies on this distribution: 18% of detached houses houses are smaller than 24 MALMES CROFT, and 81% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

24 MALMES CROFT: Plot and Title Map

24 MALMES CROFT sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 24 MALMES CROFT, 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 24 MALMES CROFT). 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 24 MALMES CROFT?

24 MALMES CROFT is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 24 on MALMES CROFT.