2, THE GLADES, HEMEL HEMPSTEAD, HP1 2TH - £350,000

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 THE GLADES is a small extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £625,046. It was last sold for £350,000 in March 2011, which was around 32% below the average March 2011 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

2 THE GLADES Sold Prices

Land registry data shows three sales for 2 THE GLADES 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. All of the three 2 THE GLADES 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
2011 16 MAR	£350,000	£515,491	32% below HPI
2004 2 DEC	£310,000	£421,503	26% below HPI
1997 14 FEB	£135,000	£165,742	19% below HPI

2 THE GLADES 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 THE GLADES sales between February 1997 and March 2011 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 THE GLADES be worth now?

2 THE GLADES might now be worth an estimated £625,046.

This is based on house price inflation of 78.6%, between March 2011 and May 2026, 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 78.6% inflationary increase is applied to the most recent sale price for 2 THE GLADES of £350,000 on 16th March 2011. For the value to have increased from £350,000 to £625,046 over the fourteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 THE GLADES has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GLADES has not materially changed since March 2011.

How Large is 2 THE GLADES?

2 THE GLADES is 108m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% 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 THE GLADES lies on this distribution: 29% of detached houses houses are smaller than 2 THE GLADES, and 70% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 THE GLADES: Plot and Title Map

2 THE GLADES sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 THE GLADES, 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 THE GLADES). 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 THE GLADES?

2 THE GLADES is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 2 on THE GLADES.