4, THE RHYMES, HEMEL HEMPSTEAD, HP1 3JR - £467,500

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

4 THE RHYMES is a small extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £467,500 in February 2021, which was around 46% below the average February 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

4 THE RHYMES Sold Prices

Land registry data shows two sales for 4 THE RHYMES 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 4 THE RHYMES 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
2021 26 FEB	£467,500	£867,840	46% below HPI
1997 21 APR	£124,950	£174,424	28% below HPI

4 THE RHYMES 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 4 THE RHYMES sales from April 1997 and February 2021 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 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 4 THE RHYMES?

4 THE RHYMES is 114m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 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 4 THE RHYMES lies on this distribution: 36% of detached houses are smaller than 4 THE RHYMES, and 64% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

4 THE RHYMES: Plot and Title Map

4 THE RHYMES sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 4 THE RHYMES, 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 4 THE RHYMES). 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 4 THE RHYMES?

4 THE RHYMES is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 4 on THE RHYMES.