29, MONARCH STREET, HEMEL HEMPSTEAD, HP2 7BU - £445,000

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.

29 MONARCH STREET is a very small detached house of 91m², which could now be worth an estimated £487,116. It was last sold for £445,000 in December 2020, which was around 47% below the average December 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

29 MONARCH STREET Sold Prices

Land registry data shows two sales for 29 MONARCH STREET 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 29 MONARCH STREET 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
2020 11 DEC	£445,000	£832,138	47% below HPI
2019 1 FEB	£399,950	£768,206	48% below HPI

29 MONARCH STREET 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 29 MONARCH STREET sales from February 2019 and December 2020 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 February 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 29 MONARCH STREET be worth now?

29 MONARCH STREET might now be worth an estimated £487,116.

This is based on house price inflation of 9.5%, between December 2020 and June 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 9.5% inflationary increase is applied to the most recent sale price for 29 MONARCH STREET of £445,000 on 11th December 2020. For the value to have increased from £445,000 to £487,116 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 29 MONARCH STREET has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The December 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MONARCH STREET has not materially changed since December 2020.

How Large is 29 MONARCH STREET?

29 MONARCH STREET is 91m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% 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 29 MONARCH STREET lies on this distribution: 12% of detached houses houses are smaller than 29 MONARCH STREET, and 87% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

29 MONARCH STREET: Plot and Title Map

29 MONARCH STREET sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 29 MONARCH STREET, 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 29 MONARCH STREET). 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 29 MONARCH STREET?

29 MONARCH STREET is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 29 on MONARCH STREET.