2, THE MEADOWS, HEMEL HEMPSTEAD, HP1 2TP - £555,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE MEADOWS is a very large extended detached house of 462m², built sometime between 1991 and 1995, which could now be worth an estimated £667,313. It was last sold for £555,000 in February 2018, which was around 28% below the average February 2018 detached price in the Dacorum local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 THE MEADOWS Sold Prices

Land registry data shows one sale for 2 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Dacorum local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 28 FEB	£555,000	£765,647	28% below HPI

What might 2 THE MEADOWS be worth now?

2 THE MEADOWS might now be worth an estimated £667,313.

This is based on house price inflation of 20.2%, between February 2018 and May 2026, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 2 THE MEADOWS of £555,000 on 28th February 2018. For the value to have increased from £555,000 to £667,313 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 THE MEADOWS has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The February 2018 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADOWS has not materially changed since February 2018.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 462m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% 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 2 THE MEADOWS lies on this distribution: 99% of detached houses are smaller than 2 THE MEADOWS, and 1% of detached houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 THE MEADOWS: Plot

2 THE MEADOWS sits on a plot of roughly 0.071 of an acre, or 286m².

Where is 2 THE MEADOWS?

2 THE MEADOWS is located in HEMEL HEMPSTEAD, in the HP1 postcode district.