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Gaddesden Row market report HP2 4, Hemel Hempstead
The standing HP2 4 (Gaddesden Row) property market report, rebuilt from the full public record every month. The raw material for this page is 5,209 HM Land Registry entries for HP2 4 (Hemel Hempstead), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in HP2 4 (Hemel Hempstead) sold for £362,500 in 2026, the median of 54 registered sales, down 2% on five years earlier. The mean was £376,000, and by floor area homes here have averaged about £4,670 per square metre over the last five years. The figures cover 5,209 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like HP2 4 is a single group of streets within HP2 (Hemel Hempstead), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where HP2 4 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in HP2 4 sells for
The 2026 median for HP2 4 is £362,500, taken from 54 registered sales. The mean, which is what most sites call the "average house price", is £376,000, almost on top of it, so sales bunch tightly around the typical price.
What a square metre costs in HP2 4
The last five years of sales put HP2 4 at roughly £4,670 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Set against the £285,000 England and Wales median, HP2 4 sits 27% above the national market.
A typical HP2 4 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £362,500 | £362,500 | 54 |
| 2025 | £432,000 | £442,330 | 135 |
| 2024 | £410,000 | £435,914 | 111 |
| 2023 | £392,500 | £431,262 | 92 |
| 2022 | £406,000 | £476,081 | 168 |
| 2021 | £371,100 | £469,860 | 228 |
| 2020 | £353,500 | £458,674 | 130 |
| 2019 | £330,000 | £432,551 | 130 |
| 2018 | £320,000 | £426,566 | 168 |
| 2017 | £323,800 | £441,631 | 150 |
| 2016 | £312,000 | £436,491 | 167 |
| 2015 | £275,000 | £388,575 | 159 |
| 2014 | £260,000 | £368,855 | 194 |
| 2013 | £226,000 | £325,191 | 149 |
| 2012 | £216,000 | £317,925 | 137 |
| 2011 | £205,000 | £309,471 | 125 |
| 2010 | £208,000 | £326,198 | 135 |
| 2009 | £187,500 | £301,408 | 92 |
| 2008 | £204,000 | £334,399 | 106 |
| 2007 | £211,000 | £357,915 | 284 |
| 2006 | £191,500 | £332,420 | 206 |
| 2005 | £182,200 | £324,243 | 144 |
| 2004 | £180,200 | £327,278 | 202 |
| 2003 | £167,500 | £308,576 | 255 |
| 2002 | £142,000 | £267,172 | 227 |
| 2001 | £128,000 | £246,073 | 205 |
| 2000 | £114,500 | £224,706 | 130 |
| 1999 | £91,800 | £182,953 | 197 |
| 1998 | £86,200 | £174,001 | 170 |
| 1997 | £70,000 | £143,556 | 187 |
| 1996 | £75,000 | £158,172 | 201 |
| 1995 | £75,000 | £163,038 | 171 |
In cash terms the typical HP2 4 home went from £75,000 in 1995 to £362,500 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 122%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 24% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the HP2 4 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+24.7% on the year before); the weakest, 2026 (−16.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −16.1% | −18.0% |
| 5 years (since 2021) | −0.5% | −5.1% |
| 10 years (since 2016) | +1.5% | −1.8% |
| 20 years (since 2006) | +3.2% | +0.4% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 54 sales completed in HP2 4. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 207 sales a year before the financial crisis and 112 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around HP2 4
HP2 4 falls under Dacorum, where the ONS puts the average private rent at £1,579 a month (May 2026 figures). The spread runs from £1,087 a month for a typical one-bed to £2,270 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Dacorum
ONS Price Index of Private Rents, May 2026.
£1,579 a month is £18,948 a year, which against the £362,500 median sold price makes a gross yield of 5.2%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
How HP2 4 trades
This is a thin market: 54 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
Asked and answered: HP2 4 (Gaddesden Row)
Are property prices falling in HP2 4 (Gaddesden Row)?
Is HP2 4 (Gaddesden Row) a good place to buy a house?
How much did a house sell for in HP2 4 (Gaddesden Row)?
Where do HP2 4 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 23% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
On the market in HP2 today
The live side of the market holds 183 homes at the moment, listed by 7 agents publishing to HomesIndex.
These cover the whole HP2 district, not just HP2 4: live asking prices are collected per district.
20% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Austins Place, Hemel Hempstead
- Parr Crescent, Hemel Hempstead, Hemel Hempstead
- Maynard Road, Hemel Hempstead, Hertfordshire
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every HP2 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in HP
Real sold prices by size across the HP area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £470,500 | £632,250 (+34%) | £930,000 (+47%) | £1,395,000 (+50%) |
| Semi-detached | £315,000 | £396,000 (+26%) | £480,000 (+21%) | £636,250 (+33%) | £842,500 (+32%) |
| Terraced | £296,000 | £370,000 (+25%) | £425,000 (+15%) | £540,000 (+27%) | £780,000 (+44%) |
| Flat | £210,000 | £280,000 (+33%) | £474,500 (+69%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the HP area is the point: the same five years treated these districts very differently.
Winners and losers across the HP area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in HP2
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of HP2, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| HP2 5 | £370,000 | 55 |
| HP2 6 | £385,000 | 25 |
| HP2 7 | £375,000 | 41 |
Zoom out to the full HP2 district report for the type split, monthly volumes and how HP2 compares with its neighbours.
Thinking of selling in HP2 4? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in HP2 4, open the average prices map and zoom from the HP2 4 shading down to the sold homes on your own street. Every recorded HP2 4 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working HP2 4: the featured spot on this report is free for founding agents, one per district. Claim HP2 4.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to HP2 4. Free after a one click sign in.
See every individual HP2 4 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.