THE GABLES, HOMEFIELD, BOVINGDON, HEMEL HEMPSTEAD, HP3 0HU - £720,000

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

THE GABLES is a midsized detached house of 144m², built sometime between 1983 and 1990. It was last sold for £720,000 in December 2020, which was around 18% below the average December 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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. One of the two THE GABLES sales was for below the average price, whilst the other was 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
2020 21 DEC	£720,000	£877,966	18% below HPI
1998 6 NOV	£300,000	£226,727	32% above HPI

THE GABLES 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 GABLES sales from November 1998 and December 2020 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 November 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE GABLES?

THE GABLES is 144m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Bovingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Bovingdon, and where THE GABLES lies on this distribution: 47% of detached houses are smaller than THE GABLES, and 52% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on HOMEFIELD in BOVINGDON, in the HP3 postcode district. The below map shows the position of THE GABLES on HOMEFIELD.