2, MEADOW WAY, HEMEL HEMPSTEAD, HP3 0AT - £430,000

2 MEADOW WAY is a very large extended detached house of 208m², built sometime between 1950 and 1966. It was last sold for £430,000 in December 2006, which was around 10% below the average December 2006 detached price in the Dacorum local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

2 MEADOW WAY Sold Prices

Land registry data shows three sales for 2 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Two of the three 2 MEADOW WAY sales were for below the average price, whilst one 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
2006 8 DEC	£430,000	£479,024	10% below HPI
2004 23 APR	£380,000	£428,333	11% below HPI
1998 9 DEC	£235,000	£226,468	4% above HPI

2 MEADOW WAY 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 three 2 MEADOW WAY sales between December 1998 and December 2006 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 April 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2006 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 208m², which includes three extensions, according to the EPC inspection conducted in November 2020. 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 2 MEADOW WAY lies on this distribution: 90% of detached houses are smaller than 2 MEADOW WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 2 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

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