116, WOOD LANE END, HEMEL HEMPSTEAD, HP2 4RF - £610,000

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.

116 WOOD LANE END is a midsized extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £709,580. It was last sold for £610,000 in May 2020, which was around 21% below the average May 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

116 WOOD LANE END Sold Prices

Land registry data shows three sales for 116 WOOD LANE END 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 116 WOOD LANE END 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
2020 29 MAY	£610,000	£773,086	21% below HPI
2014 11 JUN	£430,000	£576,797	25% below HPI
2002 4 SEP	£249,950	£363,277	31% below HPI

116 WOOD LANE END 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 116 WOOD LANE END sales between September 2002 and May 2020 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 June 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 116 WOOD LANE END be worth now?

116 WOOD LANE END might now be worth an estimated £709,580.

This is based on house price inflation of 16.3%, between May 2020 and March 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 16.3% inflationary increase is applied to the most recent sale price for 116 WOOD LANE END of £610,000 on 29th May 2020. For the value to have increased from £610,000 to £709,580 over the five years and two months to March 2025, the following assumptions must hold true:

• The value of 116 WOOD LANE END has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The May 2020 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 116 WOOD LANE END has not materially changed since May 2020.

How Large is 116 WOOD LANE END?

116 WOOD LANE END is 118m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 116 WOOD LANE END lies on this distribution: 40% of detached houses houses are smaller than 116 WOOD LANE END, and 59% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

116 WOOD LANE END: Plot and Title Map

116 WOOD LANE END sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 116 WOOD LANE END, 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 116 WOOD LANE END). 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 116 WOOD LANE END?

116 WOOD LANE END is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 116 on WOOD LANE END.