3, THE HORSESHOE, HEMEL HEMPSTEAD, HP3 8QT - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE HORSESHOE is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £385,000 in November 2007, which was around 29% below the average November 2007 detached price in the Dacorum local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

3 THE HORSESHOE Sold Prices

Land registry data shows two sales for 3 THE HORSESHOE 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 THE HORSESHOE 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
2007 30 NOV	£385,000	£538,676	29% below HPI
1996 4 JUN	£141,000	£159,731	12% below HPI

3 THE HORSESHOE 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 THE HORSESHOE sales from June 1996 and November 2007 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 June 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2007 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 THE HORSESHOE?

3 THE HORSESHOE is 148m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 40% 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 THE HORSESHOE lies on this distribution: 67% of detached houses are smaller than 3 THE HORSESHOE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 THE HORSESHOE: Plot and Title Map

3 THE HORSESHOE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 3 THE HORSESHOE, 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 THE HORSESHOE). 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 THE HORSESHOE?

3 THE HORSESHOE is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 3 on THE HORSESHOE.