2, THE MALLARDS, HEMEL HEMPSTEAD, HP3 9DP - £685,000

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 MALLARDS is a midsized extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £696,297. It was last sold for £685,000 in May 2024, which was around 24% below the average May 2024 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

2 THE MALLARDS Sold Prices

Land registry data shows three sales for 2 THE MALLARDS 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 MALLARDS 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
2024 10 MAY	£685,000	£902,261	24% below HPI
2003 23 MAY	£282,000	£405,133	30% below HPI
1997 21 NOV	£159,950	£190,544	16% below HPI

2 THE MALLARDS 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 MALLARDS sales between November 1997 and May 2024 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 THE MALLARDS be worth now?

2 THE MALLARDS might now be worth an estimated £696,297.

This is based on house price inflation of 1.6%, between May 2024 and April 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 1.6% inflationary increase is applied to the most recent sale price for 2 THE MALLARDS of £685,000 on 10th May 2024. For the value to have increased from £685,000 to £696,297 over the two years and one month to April 2026, the following assumptions must hold true:

• The value of 2 THE MALLARDS has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The May 2024 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MALLARDS has not materially changed since May 2024.

How Large is 2 THE MALLARDS?

2 THE MALLARDS is 127m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% 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 MALLARDS lies on this distribution: 49% of detached houses houses are smaller than 2 THE MALLARDS, and 50% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 THE MALLARDS: Plot and Title Map

2 THE MALLARDS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 THE MALLARDS, 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 MALLARDS). 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 MALLARDS?

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