3, THE RHYMES, HEMEL HEMPSTEAD, HP1 3JR - £645,000

3 THE RHYMES is a large detached house of 141m², built sometime between 1991 and 1995. It was last sold for £645,000 in June 2021, which was around 28% below the average June 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 THE RHYMES Sold Prices

Land registry data shows four sales for 3 THE RHYMES 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. Most of the four 3 THE RHYMES 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
2021 30 JUN	£645,000	£900,410	28% below HPI
2004 22 JUN	£365,000	£428,964	15% below HPI
2000 10 MAR	£245,000	£275,358	11% below HPI
1996 22 AUG	£169,950	£163,725	4% above HPI

3 THE RHYMES 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 THE RHYMES sales between August 1996 and June 2021 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 June 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 THE RHYMES?

3 THE RHYMES is 141m² according to the EPC inspection conducted in May 2011. 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 3 THE RHYMES lies on this distribution: 63% of detached houses are smaller than 3 THE RHYMES, and 37% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 THE RHYMES: Plot and Title Map

3 THE RHYMES sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 3 THE RHYMES, 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 RHYMES). 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 RHYMES?

3 THE RHYMES is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 3 on THE RHYMES.