2, NEWELL RISE, HEMEL HEMPSTEAD, HP3 9UT - £320,000

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 NEWELL RISE is a very small extended detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £468,754. It was last sold for £320,000 in October 2014, which was around 48% below the average October 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

2 NEWELL RISE Sold Prices

Land registry data shows two sales for 2 NEWELL RISE 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 2 NEWELL RISE sales were for below 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
2014 24 OCT	£320,000	£613,910	48% below HPI
2014 21 MAY	£291,000	£560,658	48% below HPI

2 NEWELL RISE 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 2 NEWELL RISE sales from May 2014 and October 2014 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 May 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2014 sale, which was also at 48% below the HPI.

What might 2 NEWELL RISE be worth now?

2 NEWELL RISE might now be worth an estimated £468,754.

This is based on house price inflation of 46.5%, between October 2014 and March 2025, for detached 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 46.5% inflationary increase is applied to the most recent sale price for 2 NEWELL RISE of £320,000 on 24th October 2014. For the value to have increased from £320,000 to £468,754 over the eleven years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 NEWELL RISE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The October 2014 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWELL RISE has not materially changed since October 2014.

How Large is 2 NEWELL RISE?

2 NEWELL RISE is 77m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 2 NEWELL RISE lies on this distribution: 4% of detached houses houses are smaller than 2 NEWELL RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 NEWELL RISE: Plot and Title Map

2 NEWELL RISE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 NEWELL RISE, 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 NEWELL RISE). 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 NEWELL RISE?

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