3, PALLAS ROAD, HEMEL HEMPSTEAD, HP2 5NR - £460,000

3 PALLAS ROAD is a midsized detached house of 119m², built sometime between 1950 and 1966. It was last sold for £460,000 in January 2023, which was around 54% below the average January 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 PALLAS ROAD Sold Prices

Land registry data shows four sales for 3 PALLAS ROAD 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 3 PALLAS ROAD 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 20 JAN	£460,000	£1,008,590	54% below HPI
2008 2 MAY	£245,000	£539,311	55% below HPI
2003 22 SEP	£249,500	£430,444	42% below HPI
1999 28 MAY	£92,625	£233,727	60% below HPI

3 PALLAS ROAD 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 3 PALLAS ROAD sales between May 1999 and January 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 May 2008 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2023 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 3 PALLAS ROAD?

3 PALLAS ROAD is 119m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 3 PALLAS ROAD lies on this distribution: 42% of detached houses are smaller than 3 PALLAS ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 PALLAS ROAD: Plot and Title Map

3 PALLAS ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 3 PALLAS ROAD, 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 3 PALLAS ROAD). 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 3 PALLAS ROAD?

3 PALLAS ROAD is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 3 on PALLAS ROAD.