3, SPEEDWELL CLOSE, HEMEL HEMPSTEAD, HP1 2DJ - £215,000

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

3 SPEEDWELL CLOSE is a very small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £215,000 in October 2001, which was around 37% below the average October 2001 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

3 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 3 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 3 SPEEDWELL CLOSE 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
2001 29 OCT	£215,000	£340,664	37% below HPI
1999 14 APR	£158,000	£233,981	32% below HPI
1995 15 MAY	£117,000	£152,628	23% below HPI

3 SPEEDWELL CLOSE 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 three 3 SPEEDWELL CLOSE sales between May 1995 and October 2001 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 April 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2001 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 SPEEDWELL CLOSE?

3 SPEEDWELL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% 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 SPEEDWELL CLOSE lies on this distribution: 14% of detached houses are smaller than 3 SPEEDWELL CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 SPEEDWELL CLOSE: Plot and Title Map

3 SPEEDWELL CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 3 SPEEDWELL CLOSE, 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 SPEEDWELL CLOSE). 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 SPEEDWELL CLOSE?

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