5, KNIGHTS ORCHARD, HEMEL HEMPSTEAD, HP1 3QA - £530,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 KNIGHTS ORCHARD is a small extended detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £603,847. It was last sold for £530,000 in March 2021, which was around 34% below the average March 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

5 KNIGHTS ORCHARD Sold Prices

Land registry data shows two sales for 5 KNIGHTS ORCHARD 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 KNIGHTS ORCHARD 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 22 MAR	£530,000	£808,371	34% below HPI
2010 19 FEB	£340,000	£468,881	27% below HPI

5 KNIGHTS ORCHARD 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 KNIGHTS ORCHARD sales from February 2010 and March 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 February 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 KNIGHTS ORCHARD be worth now?

5 KNIGHTS ORCHARD might now be worth an estimated £603,847.

This is based on house price inflation of 13.9%, between March 2021 and February 2025, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for 5 KNIGHTS ORCHARD of £530,000 on 22nd March 2021. For the value to have increased from £530,000 to £603,847 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 5 KNIGHTS ORCHARD has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KNIGHTS ORCHARD has not materially changed since March 2021.

How Large is 5 KNIGHTS ORCHARD?

5 KNIGHTS ORCHARD is 112m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 5 KNIGHTS ORCHARD lies on this distribution: 33% of detached houses houses are smaller than 5 KNIGHTS ORCHARD, and 66% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 KNIGHTS ORCHARD: Plot and Title Map

5 KNIGHTS ORCHARD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 KNIGHTS ORCHARD, 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 KNIGHTS ORCHARD). 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 KNIGHTS ORCHARD?

5 KNIGHTS ORCHARD is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 5 on KNIGHTS ORCHARD.