ROSE COTTAGE, LEVERSTOCK GREEN ROAD, HEMEL HEMPSTEAD, HP3 8LP - £655,000

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

ROSE COTTAGE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £655,000 in May 2022, which was around 29% below the average May 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE COTTAGE 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 ROSE COTTAGE 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
2022 20 MAY	£655,000	£923,858	29% below HPI
2016 31 MAR	£450,000	£781,907	42% below HPI

ROSE COTTAGE 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 ROSE COTTAGE sales from March 2016 and May 2022 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 66m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 ROSE COTTAGE lies on this distribution: 1% of detached houses are smaller than ROSE COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

ROSE COTTAGE is located on LEVERSTOCK GREEN ROAD in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of ROSE COTTAGE on LEVERSTOCK GREEN ROAD.