DEERHURST, HYDE LANE, NASH MILLS, HEMEL HEMPSTEAD, HP3 8RY - £670,000

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.

DEERHURST is a very small detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £672,041. It was last sold for £670,000 in September 2021, which was around 40% below the average September 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

DEERHURST Sold Prices

Land registry data shows two sales for DEERHURST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two DEERHURST 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 29 SEP	£670,000	£1,122,580	40% below HPI
2010 16 JUL	£340,000	£658,715	48% below HPI

DEERHURST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two DEERHURST sales from July 2010 and September 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 July 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might DEERHURST be worth now?

DEERHURST might now be worth an estimated £672,041.

This is based on house price inflation of 0.3%, between September 2021 and February 2025, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% inflationary increase is applied to the most recent sale price for DEERHURST of £670,000 on 29th September 2021. For the value to have increased from £670,000 to £672,041 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of DEERHURST has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The September 2021 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of DEERHURST has not materially changed since September 2021.

How Large is DEERHURST?

DEERHURST is 91m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% 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 DEERHURST lies on this distribution: 13% of detached houses houses are smaller than DEERHURST, and 87% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

DEERHURST: Plot and Title Map

DEERHURST sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of DEERHURST, 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 DEERHURST). 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 DEERHURST?

DEERHURST is located on HYDE LANE in NASH MILLS, in the HP3 postcode district. The below map shows the position of DEERHURST on HYDE LANE.