1, BETJEMAN WAY, HEMEL HEMPSTEAD, HP1 3HH - £650,000

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.

1 BETJEMAN WAY is a midsized extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £698,152. It was last sold for £650,000 in February 2022, which was around 24% below the average February 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

1 BETJEMAN WAY Sold Prices

Land registry data shows four sales for 1 BETJEMAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 1 BETJEMAN WAY 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
2022 28 FEB	£650,000	£857,483	24% below HPI
2006 28 NOV	£394,950	£452,730	13% below HPI
2003 1 OCT	£345,000	£403,679	15% below HPI
2001 13 FEB	£270,000	£295,791	9% below HPI

1 BETJEMAN WAY 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 four 1 BETJEMAN WAY sales between February 2001 and February 2022 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 BETJEMAN WAY be worth now?

1 BETJEMAN WAY might now be worth an estimated £698,152.

This is based on house price inflation of 7.4%, between February 2022 and February 2025, 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 7.4% inflationary increase is applied to the most recent sale price for 1 BETJEMAN WAY of £650,000 on 28th February 2022. For the value to have increased from £650,000 to £698,152 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 BETJEMAN WAY has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The February 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BETJEMAN WAY has not materially changed since February 2022.

How Large is 1 BETJEMAN WAY?

1 BETJEMAN WAY is 133m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 1 BETJEMAN WAY lies on this distribution: 55% of detached houses houses are smaller than 1 BETJEMAN WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1 BETJEMAN WAY: Plot and Title Map

1 BETJEMAN WAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 1 BETJEMAN WAY, 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 1 BETJEMAN WAY). 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 1 BETJEMAN WAY?

1 BETJEMAN WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 1 on BETJEMAN WAY.