HOPE HOUSE, DARRS LANE, NORTHCHURCH, BERKHAMSTED, HP4 3TT - £2,183,000

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.

HOPE HOUSE is a very large extended detached house of 412m², built sometime between 1900 and 1929, which could now be worth an estimated £2,465,525. It was last sold for £2,183,000 in October 2020, which was around 168% above the average October 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

HOPE HOUSE Sold Prices

Land registry data shows four sales for HOPE HOUSE 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 HOPE HOUSE sales were for above 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
2020 20 OCT	£2,183,000	£815,467	168% above HPI
2010 6 AUG	£1,759,000	£513,440	243% above HPI
2006 17 MAR	£1,375,000	£418,731	228% above HPI
2004 16 APR	£1,345,000	£405,975	231% above HPI

HOPE HOUSE 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 HOPE HOUSE sales between April 2004 and October 2020 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 August 2010 sale was for 243% above the HPI. So the extrapolation line tracks at 243% above the HPI over time, until the October 2020 sale, where it falls to 168% above the HPI. The line then continues to track at 168% above the HPI.

What might HOPE HOUSE be worth now?

HOPE HOUSE might now be worth an estimated £2,465,525.

This is based on house price inflation of 12.9%, between October 2020 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 12.9% inflationary increase is applied to the most recent sale price for HOPE HOUSE of £2,183,000 on 20th October 2020. For the value to have increased from £2,183,000 to £2,465,525 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of HOPE HOUSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The October 2020 sale price of £2,183,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE HOUSE has not materially changed since October 2020.

How Large is HOPE HOUSE?

HOPE HOUSE is 412m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berkhamsted, and where HOPE HOUSE lies on this distribution: 99% of detached houses houses are smaller than HOPE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

HOPE HOUSE: Plot and Title Map

HOPE HOUSE sits on a plot of roughly 0.799 of an acre, or 3,234m². The below map shows the location of HOPE HOUSE, 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 HOPE HOUSE). 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 HOPE HOUSE?

HOPE HOUSE is located on DARRS LANE in NORTHCHURCH, in the HP4 postcode district. The below map shows the position of HOPE HOUSE on DARRS LANE.