5, PARR CRESCENT, HEMEL HEMPSTEAD, HP2 7LJ - £442,500

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 PARR CRESCENT is a midsized detached house of 119m², which could now be worth an estimated £545,472. It was last sold for £442,500 in July 2016, which was around 41% below the average July 2016 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

5 PARR CRESCENT Sold Prices

Land registry data shows two sales for 5 PARR CRESCENT 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 PARR CRESCENT 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
2016 5 JUL	£442,500	£747,141	41% below HPI
2010 26 MAR	£249,000	£474,619	48% below HPI

5 PARR CRESCENT 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 PARR CRESCENT sales from March 2010 and July 2016 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 March 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2016 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 5 PARR CRESCENT be worth now?

5 PARR CRESCENT might now be worth an estimated £545,472.

This is based on house price inflation of 23.3%, between July 2016 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 23.3% inflationary increase is applied to the most recent sale price for 5 PARR CRESCENT of £442,500 on 5th July 2016. For the value to have increased from £442,500 to £545,472 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 5 PARR CRESCENT has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2016 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PARR CRESCENT has not materially changed since July 2016.

How Large is 5 PARR CRESCENT?

5 PARR CRESCENT is 119m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 50% 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 PARR CRESCENT lies on this distribution: 41% of detached houses houses are smaller than 5 PARR CRESCENT, and 59% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 PARR CRESCENT: Plot and Title Map

5 PARR CRESCENT sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 PARR CRESCENT, 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 PARR CRESCENT). 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 PARR CRESCENT?

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