2, CROFTS PATH, HEMEL HEMPSTEAD, HP3 8HB - £437,000

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.

2 CROFTS PATH is a very small terraced house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £488,482. It was last sold for £437,000 in January 2021, which was around 18% above the average January 2021 terraced price in the Dacorum local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 CROFTS PATH Sold Prices

Land registry data shows two sales for 2 CROFTS PATH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. Both of the two 2 CROFTS PATH 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
2021 21 JAN	£437,000	£368,803	18% above HPI
1996 16 DEC	£76,000	£66,405	14% above HPI

2 CROFTS PATH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dacorum local authority area over time, sourced from the HPI. The two 2 CROFTS PATH sales from December 1996 and January 2021 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 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 CROFTS PATH be worth now?

2 CROFTS PATH might now be worth an estimated £488,482.

This is based on house price inflation of 11.8%, between January 2021 and June 2025, for terraced 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 11.8% inflationary increase is applied to the most recent sale price for 2 CROFTS PATH of £437,000 on 21st January 2021. For the value to have increased from £437,000 to £488,482 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 2 CROFTS PATH has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The January 2021 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROFTS PATH has not materially changed since January 2021.

How Large is 2 CROFTS PATH?

2 CROFTS PATH is 94m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of terraced houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hemel Hempstead, and where 2 CROFTS PATH lies on this distribution: 15% of terraced houses houses are smaller than 2 CROFTS PATH, and 84% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 CROFTS PATH: Plot and Title Map

2 CROFTS PATH sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 CROFTS PATH, 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 2 CROFTS PATH). 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 2 CROFTS PATH?

2 CROFTS PATH is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 2 on CROFTS PATH.