8, MOREFIELDS, TRING, HP23 5EU - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MOREFIELDS is a very small semi-detached house of 82m², built sometime between 1976 and 1982. It was last sold for £370,000 in December 2021, which was around 60% below the average December 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 MOREFIELDS Sold Prices

Land registry data shows four sales for 8 MOREFIELDS 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 8 MOREFIELDS 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 17 DEC	£370,000	£920,480	60% below HPI
2015 17 JUL	£282,500	£688,712	59% below HPI
2006 1 DEC	£185,000	£479,024	61% below HPI
1998 4 SEP	£83,500	£226,380	63% below HPI

8 MOREFIELDS 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 8 MOREFIELDS sales between September 1998 and December 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 July 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2021 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 8 MOREFIELDS?

8 MOREFIELDS is 82m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Tring, based on EPC data. The below chart shows the distribution of detached houses by size in Tring, and where 8 MOREFIELDS lies on this distribution: 7% of detached houses are smaller than 8 MOREFIELDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Tring.

8 MOREFIELDS: Plot and Title Map

8 MOREFIELDS sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 8 MOREFIELDS, 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 8 MOREFIELDS). 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 8 MOREFIELDS?

8 MOREFIELDS is located in TRING, in the HP23 postcode district. The below map shows the position of No. 8 on MOREFIELDS.