Local market reports › HP area › HP2 › HP2 5
Gaddesden Row market report HP2 5, Hemel Hempstead
The HP2 5 (Gaddesden Row) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 5,885 HM Land Registry entries for HP2 5 (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 recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 55 registered 2026 sales put the HP2 5 (Hemel Hempstead) median at £370,000, up 7% on five years earlier, with a mean of £384,600, and by floor area homes here have averaged about £4,500 per square metre over the last five years. Everything rests on 5,885 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
HP2 5 is a postcode sector: one group of streets inside HP2 (Hemel Hempstead). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where HP2 5 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 5 sells for
The HP2 5 median stands at £370,000 for 2026, built from 55 registered sales; the mean, the figure usually quoted as the "average house price", is £384,600, nearly identical to it, meaning sales cluster closely around the typical figure.
What a square metre costs in HP2 5
By floor space, homes in HP2 5 have sold for about £4,500 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts HP2 5 30% above the country at large.
A typical HP2 5 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £370,000 | £370,000 | 55 |
| 2025 | £365,000 | £373,728 | 163 |
| 2024 | £365,000 | £388,070 | 117 |
| 2023 | £360,000 | £395,552 | 135 |
| 2022 | £370,800 | £434,805 | 168 |
| 2021 | £345,800 | £437,827 | 210 |
| 2020 | £314,500 | £408,070 | 124 |
| 2019 | £292,200 | £383,004 | 154 |
| 2018 | £304,000 | £405,238 | 166 |
| 2017 | £292,500 | £398,941 | 173 |
| 2016 | £295,000 | £412,708 | 176 |
| 2015 | £250,000 | £353,250 | 191 |
| 2014 | £225,000 | £319,202 | 242 |
| 2013 | £200,000 | £287,780 | 237 |
| 2012 | £185,000 | £272,297 | 145 |
| 2011 | £185,000 | £279,279 | 121 |
| 2010 | £182,200 | £285,737 | 152 |
| 2009 | £174,500 | £280,510 | 144 |
| 2008 | £195,000 | £319,646 | 106 |
| 2007 | £189,200 | £320,936 | 278 |
| 2006 | £178,500 | £309,853 | 260 |
| 2005 | £164,000 | £291,854 | 181 |
| 2004 | £165,000 | £299,672 | 228 |
| 2003 | £153,000 | £281,863 | 227 |
| 2002 | £126,800 | £238,573 | 292 |
| 2001 | £110,000 | £211,469 | 240 |
| 2000 | £92,000 | £180,550 | 185 |
| 1999 | £80,500 | £160,432 | 229 |
| 1998 | £75,000 | £151,393 | 193 |
| 1997 | £66,500 | £136,378 | 225 |
| 1996 | £65,000 | £137,082 | 194 |
| 1995 | £64,600 | £140,430 | 174 |
In cash terms the typical HP2 5 home went from £64,600 in 1995 to £370,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 163%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2021, and today's median remains roughly 15% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the HP2 5 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 2003 (+20.7% on the year before); the weakest, 2009 (−10.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What HP2 5 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.4% | −1.0% |
| 5 years (since 2021) | +1.4% | −3.3% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +3.7% | +0.9% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in HP2 5
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 55 HP2 5 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 236 sales a year before the financial crisis and 128 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of HP2 5
The local authority for HP2 5 is Dacorum, and its ONS average private rent currently stands at £1,579 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,087 a month here against £2,270 for four or more bedrooms.
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 £370,000 median sold price makes a gross yield of 5.1%. 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 5 trades
Only 55 sales completed here in the last twelve months of data, which makes HP2 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
HP2 5 (Gaddesden Row): the questions that come up
Is HP2 5 (Gaddesden Row) a good place to buy a house?
How much did a house sell for in HP2 5 (Gaddesden Row)?
Are property prices falling in HP2 5 (Gaddesden Row)?
What happens to HP2 5 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 7% over five years in cash but down 15% 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.
HP2's current homes for sale
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 5: live asking prices are collected per district.
Of everything listed here, 20% asks less than the sold record of comparable homes. 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" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
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.
Bedroom by bedroom: HP prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the HP area. 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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the HP area is the point: the same five years treated these districts very differently.
Five-year change in the median, HP area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in HP2
Sector boundaries hide real price steps. The rest of HP2, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| HP2 4 | £362,500 | 54 |
| 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.
Selling in HP2 5? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in HP2 5, open the average prices map and zoom from the HP2 5 shading down to the sold homes on your own street. Every recorded HP2 5 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 5: the featured spot on this report is free for founding agents, one per district. Claim HP2 5.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to HP2 5. Free after a one click sign in.
The live map plots every individual HP2 5 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.