ROEFIELD BANK, FELDEN LANE, FELDEN, HEMEL HEMPSTEAD, HP3 0BB - £970,000

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.

ROEFIELD BANK is a very large extended detached house of 191m², built sometime between 1967 and 1975, which could now be worth an estimated £1,021,196. It was last sold for £970,000 in December 2023, which was around 11% above the average December 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

ROEFIELD BANK Sold Prices

Land registry data shows two sales for ROEFIELD BANK 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 ROEFIELD BANK 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
2023 1 DEC	£970,000	£874,832	11% above HPI
2005 18 MAR	£460,000	£418,338	10% above HPI

ROEFIELD BANK 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 ROEFIELD BANK sales from March 2005 and December 2023 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 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might ROEFIELD BANK be worth now?

ROEFIELD BANK might now be worth an estimated £1,021,196.

This is based on house price inflation of 5.3%, between December 2023 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 5.3% inflationary increase is applied to the most recent sale price for ROEFIELD BANK of £970,000 on 1st December 2023. For the value to have increased from £970,000 to £1,021,196 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of ROEFIELD BANK has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The December 2023 sale price of £970,000 represented a fair market value for the property.
• The size, condition, and specification of ROEFIELD BANK has not materially changed since December 2023.

How Large is ROEFIELD BANK?

ROEFIELD BANK is 191m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 ROEFIELD BANK lies on this distribution: 86% of detached houses houses are smaller than ROEFIELD BANK, and 13% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

ROEFIELD BANK: Plot and Title Map

ROEFIELD BANK sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of ROEFIELD BANK, 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 ROEFIELD BANK). 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 ROEFIELD BANK?

ROEFIELD BANK is located on FELDEN LANE in FELDEN, in the HP3 postcode district. The below map shows the position of ROEFIELD BANK on FELDEN LANE.