THE LANTERNS, GRAVEL PATH, BERKHAMSTED, HP4 2PJ - £1,765,001

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 LANTERNS is a midsized extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £1,765,001 in September 2023, which was around 83% above the average September 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

THE LANTERNS Sold Prices

Land registry data shows two sales for THE LANTERNS 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 LANTERNS 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
2023 29 SEP	£1,765,001	£962,207	83% above HPI
2019 4 JUL	£1,100,000	£802,926	37% above HPI

THE LANTERNS 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 LANTERNS sales from July 2019 and September 2023 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 2019 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2023 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is THE LANTERNS?

THE LANTERNS is 159m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses by size in Berkhamsted, and where THE LANTERNS lies on this distribution: 53% of detached houses are smaller than THE LANTERNS, and 46% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

THE LANTERNS: Plot and Title Map

THE LANTERNS sits on a plot of roughly 0.275 of an acre, or 1,112m². The below map shows the location of THE LANTERNS, 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 LANTERNS). 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 LANTERNS?

THE LANTERNS is located on GRAVEL PATH in BERKHAMSTED, in the HP4 postcode district. The below map shows the position of THE LANTERNS on GRAVEL PATH.