9, PIERIAN SPRING, HEMEL HEMPSTEAD, HP1 3JP - £372,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 PIERIAN SPRING is a small detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £723,630. It was last sold for £372,500 in April 2010, which was around 21% below the average April 2010 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

9 PIERIAN SPRING Sold Prices

Land registry data shows six sales for 9 PIERIAN SPRING since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the six 9 PIERIAN SPRING 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
2010 29 APR	£372,500	£474,102	21% below HPI
2007 18 JUN	£335,000	£473,181	29% below HPI
2004 6 OCT	£307,500	£421,809	27% below HPI
1999 17 SEP	£179,500	£237,382	24% below HPI
1998 30 JAN	£163,000	£197,816	18% below HPI
1996 1 NOV	£136,950	£157,620	13% below HPI

9 PIERIAN SPRING 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 six 9 PIERIAN SPRING sales between November 1996 and April 2010 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2010 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 9 PIERIAN SPRING be worth now?

9 PIERIAN SPRING might now be worth an estimated £723,630.

This is based on house price inflation of 94.3%, between April 2010 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 94.3% inflationary increase is applied to the most recent sale price for 9 PIERIAN SPRING of £372,500 on 29th April 2010. For the value to have increased from £372,500 to £723,630 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 9 PIERIAN SPRING has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The April 2010 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 9 PIERIAN SPRING has not materially changed since April 2010.

How Large is 9 PIERIAN SPRING?

9 PIERIAN SPRING is 112m² according to the EPC inspection conducted in June 2009. 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 9 PIERIAN SPRING lies on this distribution: 33% of detached houses houses are smaller than 9 PIERIAN SPRING, and 67% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

9 PIERIAN SPRING: Plot and Title Map

9 PIERIAN SPRING sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 9 PIERIAN SPRING, 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 9 PIERIAN SPRING). 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 9 PIERIAN SPRING?

9 PIERIAN SPRING is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 9 on PIERIAN SPRING.