2 Paddock Way

    2, PADDOCK WAY, HEMEL HEMPSTEAD, HP1 2PE

    This terraced freehold property on Paddock Way last sold in February 2023 for £412,500. Based on price growth in the HP1 district since then, its estimated current value is £427,186 — placing it in the 71st percentile nationally and the 51st percentile within HP1. The property covers 88 m² (947 sq ft), giving an estimated value of £4,854 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £412,500

    Feb 2023

    Estimated Valuation

    £427,186

    Est. £/sq ft

    £451/sq ft

    £4,854/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Feb 2023

    £412,500

    Key Metrics

    Estimated valuation£427,186
    Value per sq ft / m²£451/sq ft (£4,854/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    HP1 district percentile51st percentile
    National percentile71st percentile

    District Context — HP1

    HP1 covers Hemel Hempstead and surrounding areas in Hertfordshire, north-west of London. It is a well-established commuter territory with a mixed residential character, blending suburban estates with commercial development.

    Average Property Price - HP1

    £461,176

    76

    National percentile

    Average Net Household Income - HP1

    £44,676

    75

    National percentile

    10-Year Annualised Price Growth - HP1

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - HP

    3.7%

    43

    National percentile

    View full analysis for HP1

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