CHERRY TREE LODGE, THREE CHERRY TREES LANE, HEMEL HEMPSTEAD, HP2 7HN - £719,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHERRY TREE LODGE is a large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £719,000 in June 2021, which was around 17% below the average June 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

CHERRY TREE LODGE Sold Prices

Land registry data shows four sales for CHERRY TREE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four CHERRY TREE LODGE 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 30 JUN	£719,000	£861,286	17% below HPI
2013 15 FEB	£447,500	£546,871	18% below HPI
2007 28 FEB	£450,000	£483,098	7% below HPI
2004 27 FEB	£375,100	£423,284	11% below HPI

CHERRY TREE LODGE 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 four CHERRY TREE LODGE sales between February 2004 and June 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is CHERRY TREE LODGE?

CHERRY TREE LODGE is 169m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the largest 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 CHERRY TREE LODGE lies on this distribution: 79% of detached houses are smaller than CHERRY TREE LODGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

CHERRY TREE LODGE: Plot and Title Map

CHERRY TREE LODGE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of CHERRY TREE LODGE, 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 CHERRY TREE LODGE). 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 CHERRY TREE LODGE?

CHERRY TREE LODGE is located on THREE CHERRY TREES LANE in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of CHERRY TREE LODGE on THREE CHERRY TREES LANE.