3, THE MELINGS, HEMEL HEMPSTEAD, HP2 7SF - £462,500

3 THE MELINGS is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £462,500 in July 2018, which was around 44% below the average July 2018 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

3 THE MELINGS Sold Prices

Land registry data shows three sales for 3 THE MELINGS 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 3 THE MELINGS 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
2018 19 JUL	£462,500	£822,648	44% below HPI
2008 28 AUG	£310,000	£520,115	40% below HPI
2001 14 SEP	£212,000	£343,942	38% below HPI

3 THE MELINGS 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 3 THE MELINGS sales between September 2001 and July 2018 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 August 2008 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 THE MELINGS?

3 THE MELINGS is 114m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 3 THE MELINGS lies on this distribution: 36% of detached houses are smaller than 3 THE MELINGS, and 63% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 THE MELINGS: Plot and Title Map

3 THE MELINGS sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 3 THE MELINGS, 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 THE MELINGS). 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 THE MELINGS?

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