1, CARO LANE, HEMEL HEMPSTEAD, HP3 8NA - £685,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CARO LANE is a very large extended detached house of 177m², built sometime between 1976 and 1982. It was last sold for £685,000 in June 2014, which was around 13% above the average June 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

1 CARO LANE Sold Prices

Land registry data shows three sales for 1 CARO LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 1 CARO LANE sales were for above 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
2014 23 JUN	£685,000	£608,563	13% above HPI
2010 8 OCT	£583,000	£532,197	10% above HPI
1999 16 DEC	£345,000	£262,452	31% above HPI

1 CARO LANE 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 three 1 CARO LANE sales between December 1999 and June 2014 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 October 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 CARO LANE?

1 CARO LANE is 177m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% 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 1 CARO LANE lies on this distribution: 81% of detached houses are smaller than 1 CARO LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1 CARO LANE: Plot and Title Map

1 CARO LANE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 1 CARO LANE, 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 CARO LANE). 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 CARO LANE?

1 CARO LANE is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 1 on CARO LANE.