1, GROUNDSEL WALK, HEMEL HEMPSTEAD, HP2 4GW - £492,500

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 GROUNDSEL WALK is a small detached house of 107m², which could now be worth an estimated £555,652. It was last sold for £492,500 in June 2021, which was around 40% below the average June 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

1 GROUNDSEL WALK Sold Prices

Land registry data shows two sales for 1 GROUNDSEL WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 1 GROUNDSEL WALK 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
2021 29 JUN	£492,500	£816,329	40% below HPI
2014 28 AUG	£394,950	£608,056	35% below HPI

1 GROUNDSEL WALK 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 two 1 GROUNDSEL WALK sales from August 2014 and June 2021 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 GROUNDSEL WALK be worth now?

1 GROUNDSEL WALK might now be worth an estimated £555,652.

This is based on house price inflation of 12.8%, between June 2021 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 12.8% inflationary increase is applied to the most recent sale price for 1 GROUNDSEL WALK of £492,500 on 29th June 2021. For the value to have increased from £492,500 to £555,652 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 GROUNDSEL WALK has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The June 2021 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GROUNDSEL WALK has not materially changed since June 2021.

How Large is 1 GROUNDSEL WALK?

1 GROUNDSEL WALK is 107m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 GROUNDSEL WALK lies on this distribution: 28% of detached houses houses are smaller than 1 GROUNDSEL WALK, and 71% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1 GROUNDSEL WALK: Plot and Title Map

1 GROUNDSEL WALK sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 1 GROUNDSEL WALK, 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 GROUNDSEL WALK). 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 GROUNDSEL WALK?

1 GROUNDSEL WALK is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 1 on GROUNDSEL WALK.