5, THE RHYMES, HEMEL HEMPSTEAD, HP1 3JR - £323,000

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 THE RHYMES is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £323,000 in April 2006, which was around 27% below the average April 2006 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

5 THE RHYMES Sold Prices

Land registry data shows five sales for 5 THE RHYMES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the five 5 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
2006 20 APR	£323,000	£444,183	27% below HPI
2003 14 JUL	£295,000	£433,902	32% below HPI
2000 3 NOV	£249,950	£315,877	21% below HPI
2000 14 APR	£217,000	£283,470	23% below HPI
1997 6 JAN	£149,950	£169,927	12% below HPI

5 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 five 5 THE RHYMES sales between January 1997 and April 2006 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 July 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2006 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 THE RHYMES?

5 THE RHYMES is 106m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% 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 THE RHYMES lies on this distribution: 27% of detached houses are smaller than 5 THE RHYMES, and 72% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 THE RHYMES: Plot and Title Map

5 THE RHYMES sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 5 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 5 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 5 THE RHYMES?

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