LAVENDER COTTAGE, REDBOURN ROAD, HEMEL HEMPSTEAD, HP2 7BA - £492,500

LAVENDER COTTAGE is a very small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £492,500 in February 2021, which was around 44% below the average February 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

LAVENDER COTTAGE Sold Prices

Land registry data shows two sales for LAVENDER COTTAGE 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 LAVENDER COTTAGE 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 9 FEB	£492,500	£884,443	44% below HPI
1998 30 NOV	£123,000	£226,727	46% below HPI

LAVENDER COTTAGE 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 LAVENDER COTTAGE sales from November 1998 and February 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 November 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is LAVENDER COTTAGE?

LAVENDER COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% 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 LAVENDER COTTAGE lies on this distribution: 13% of detached houses are smaller than LAVENDER COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

LAVENDER COTTAGE: Plot and Title Map

LAVENDER COTTAGE sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of LAVENDER COTTAGE, 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 LAVENDER COTTAGE). 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 LAVENDER COTTAGE?

LAVENDER COTTAGE is located on REDBOURN ROAD in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of LAVENDER COTTAGE on REDBOURN ROAD.