THE FIRS, BERRYMEAD, HEMEL HEMPSTEAD, HP2 5LF - £635,000

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.

THE FIRS is a midsized extended detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £643,622. It was last sold for £635,000 in August 2022, which was around 30% below the average August 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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 THE FIRS 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 10 AUG	£635,000	£908,667	30% below HPI
2002 26 JUL	£249,950	£344,576	27% below HPI

THE FIRS 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 THE FIRS sales from July 2002 and August 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 July 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £643,622.

This is based on house price inflation of 1.4%, between August 2022 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 1.4% inflationary increase is applied to the most recent sale price for THE FIRS of £635,000 on 10th August 2022. For the value to have increased from £635,000 to £643,622 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The August 2022 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since August 2022.

How Large is THE FIRS?

THE FIRS is 125m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% 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 THE FIRS lies on this distribution: 48% of detached houses houses are smaller than THE FIRS, and 52% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on BERRYMEAD in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of THE FIRS on BERRYMEAD.