THE LANGHAM, SHEETHANGER LANE, FELDEN, HEMEL HEMPSTEAD, HP3 0BG - £1,850,000

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 LANGHAM is a very large extended detached house of 325m², built sometime between 2007 and 2011. It was last sold for £1,850,000 in October 2022, which was around 90% above the average October 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

THE LANGHAM Sold Prices

Land registry data shows two sales for THE LANGHAM 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 LANGHAM 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
2022 24 OCT	£1,850,000	£973,387	90% above HPI
2009 4 DEC	£1,140,000	£484,844	135% above HPI

THE LANGHAM 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 LANGHAM sales from December 2009 and October 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 December 2009 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the October 2022 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is THE LANGHAM?

THE LANGHAM is 325m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 THE LANGHAM lies on this distribution: 98% of detached houses are smaller than THE LANGHAM, and 2% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

THE LANGHAM: Plot and Title Map

THE LANGHAM sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of THE LANGHAM, 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 LANGHAM). 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 LANGHAM?

THE LANGHAM is located on SHEETHANGER LANE in FELDEN, in the HP3 postcode district. The below map shows the position of THE LANGHAM on SHEETHANGER LANE.