9, THE RHYMES, HEMEL HEMPSTEAD, HP1 3JR - £365,000

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.

9 THE RHYMES is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £642,195. It was last sold for £365,000 in September 2012, which was around 30% below the average September 2012 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

9 THE RHYMES Sold Prices

Land registry data shows two sales for 9 THE RHYMES 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 9 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
2012 5 SEP	£365,000	£523,465	30% below HPI
1997 3 MAR	£139,950	£164,442	15% below HPI

9 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 two 9 THE RHYMES sales from March 1997 and September 2012 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 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 9 THE RHYMES be worth now?

9 THE RHYMES might now be worth an estimated £642,195.

This is based on house price inflation of 75.9%, between September 2012 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 75.9% inflationary increase is applied to the most recent sale price for 9 THE RHYMES of £365,000 on 5th September 2012. For the value to have increased from £365,000 to £642,195 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 THE RHYMES has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The September 2012 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE RHYMES has not materially changed since September 2012.

How Large is 9 THE RHYMES?

9 THE RHYMES is 77m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 THE RHYMES lies on this distribution: 4% of detached houses houses are smaller than 9 THE RHYMES, and 96% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

9 THE RHYMES: Plot and Title Map

9 THE RHYMES sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 9 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 9 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 9 THE RHYMES?

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