SPRINGFIELD, FLAUNDEN LANE, FELDEN, HEMEL HEMPSTEAD, HP3 0BW - £775,000

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.

SPRINGFIELD is a very large detached house of 180m², which could now be worth an estimated £1,456,668. It was last sold for £775,000 in July 2011, which was around 58% above the average July 2011 detached price in the Dacorum local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD 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 SPRINGFIELD 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
2011 22 JUL	£775,000	£490,008	58% above HPI
1999 14 DEC	£397,000	£248,752	60% above HPI

SPRINGFIELD 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 SPRINGFIELD sales from December 1999 and July 2011 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 December 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2011 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £1,456,668.

This is based on house price inflation of 88%, between July 2011 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 88% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £775,000 on 22nd July 2011. For the value to have increased from £775,000 to £1,456,668 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2011 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since July 2011.

How Large is SPRINGFIELD?

SPRINGFIELD is 180m² according to the EPC inspection conducted in December 2013. 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 SPRINGFIELD lies on this distribution: 82% of detached houses houses are smaller than SPRINGFIELD, and 17% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.612 of an acre, or 2,476m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

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