5, GREEN LANE, HEMEL HEMPSTEAD, HP2 4RZ - £370,000

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

5 GREEN LANE is a midsized extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £370,000 in March 2011, which was around 32% below the average March 2011 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

5 GREEN LANE Sold Prices

Land registry data shows two sales for 5 GREEN LANE 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 5 GREEN LANE 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
2011 31 MAR	£370,000	£543,881	32% below HPI
1998 20 NOV	£167,500	£226,727	26% below HPI

5 GREEN LANE 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 5 GREEN LANE sales from November 1998 and March 2011 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 November 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 GREEN LANE?

5 GREEN LANE is 128m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% 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 5 GREEN LANE lies on this distribution: 50% of detached houses are smaller than 5 GREEN LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 GREEN LANE: Plot and Title Map

5 GREEN LANE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 GREEN LANE, 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 5 GREEN LANE). 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 5 GREEN LANE?

5 GREEN LANE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 5 on GREEN LANE.