MIDWAYS, BANK MILL LANE, BERKHAMSTED, HP4 2NT - £645,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MIDWAYS is a midsized extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £645,000 in August 2012, which was around 18% above the average August 2012 detached price in the Dacorum local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

MIDWAYS Sold Prices

Land registry data shows three sales for MIDWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. One of the three MIDWAYS sales was for above the average price, whilst two 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 15 AUG	£645,000	£547,977	18% above HPI
2005 13 JAN	£418,500	£445,375	6% below HPI
2000 19 JUL	£275,000	£304,073	10% below HPI

MIDWAYS 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 three MIDWAYS sales between July 2000 and August 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 January 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2012 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is MIDWAYS?

MIDWAYS is 152m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses by size in Berkhamsted, and where MIDWAYS lies on this distribution: 49% of detached houses are smaller than MIDWAYS, and 50% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

MIDWAYS: Plot and Title Map

MIDWAYS sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of MIDWAYS, 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 MIDWAYS). 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 MIDWAYS?

MIDWAYS is located on BANK MILL LANE in BERKHAMSTED, in the HP4 postcode district. The below map shows the position of MIDWAYS on BANK MILL LANE.