41, MOREFIELDS, TRING, HP23 5EU - £500,000

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

41 MOREFIELDS is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £500,000 in September 2023, which was around 48% below the average September 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

41 MOREFIELDS Sold Prices

Land registry data shows three sales for 41 MOREFIELDS 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 41 MOREFIELDS 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
2023 28 SEP	£500,000	£962,207	48% below HPI
2015 18 JUN	£345,000	£679,490	49% below HPI
1996 2 AUG	£82,000	£163,725	50% below HPI

41 MOREFIELDS 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 41 MOREFIELDS sales between August 1996 and September 2023 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 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2023 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 41 MOREFIELDS?

41 MOREFIELDS is 84m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Tring, based on EPC data. The below chart shows the distribution of detached houses by size in Tring, and where 41 MOREFIELDS lies on this distribution: 9% of detached houses are smaller than 41 MOREFIELDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Tring.

41 MOREFIELDS: Plot and Title Map

41 MOREFIELDS sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 41 MOREFIELDS, 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 41 MOREFIELDS). 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 41 MOREFIELDS?

41 MOREFIELDS is located in TRING, in the HP23 postcode district. The below map shows the position of No. 41 on MOREFIELDS.