2, THE WAYSIDE, HEMEL HEMPSTEAD, HP3 8NR - £885,000

2 THE WAYSIDE is a large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £885,000 in June 2023, which was around 10% below the average June 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

2 THE WAYSIDE Sold Prices

Land registry data shows four sales for 2 THE WAYSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 2 THE WAYSIDE 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
2023 9 JUN	£885,000	£979,935	10% below HPI
2017 6 JAN	£690,000	£808,345	15% below HPI
2011 8 JUN	£490,000	£508,293	4% below HPI
2004 29 JAN	£325,000	£413,458	21% below HPI

2 THE WAYSIDE 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 four 2 THE WAYSIDE sales between January 2004 and June 2023 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 January 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 THE WAYSIDE?

2 THE WAYSIDE is 144m², which includes four extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 THE WAYSIDE lies on this distribution: 64% of detached houses are smaller than 2 THE WAYSIDE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 THE WAYSIDE: Plot and Title Map

2 THE WAYSIDE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 THE WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

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