3, PARKLANDS, HEMEL HEMPSTEAD, HP1 3SJ - £647,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 PARKLANDS is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £647,500 in June 2022, which was around 31% below the average June 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 PARKLANDS Sold Prices

Land registry data shows two sales for 3 PARKLANDS 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 3 PARKLANDS 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 20 JUN	£647,500	£933,407	31% below HPI
1999 10 MAY	£183,000	£233,727	22% below HPI

3 PARKLANDS 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 3 PARKLANDS sales from May 1999 and June 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 May 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 PARKLANDS?

3 PARKLANDS is 99m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 3 PARKLANDS lies on this distribution: 20% of detached houses are smaller than 3 PARKLANDS, and 79% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 PARKLANDS: Plot and Title Map

3 PARKLANDS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 PARKLANDS, 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 3 PARKLANDS). 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 3 PARKLANDS?

3 PARKLANDS is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 3 on PARKLANDS.