12, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RT - £485,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 LAUREATE WAY is a very small semi-detached house of 75m², built sometime between 1991 and 1995. It was last sold for £485,000 in August 2022, which was around 49% below the average August 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

12 LAUREATE WAY Sold Prices

Land registry data shows three sales for 12 LAUREATE WAY 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 12 LAUREATE 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 19 AUG	£485,000	£958,709	49% below HPI
2017 18 AUG	£400,000	£820,138	51% below HPI
2011 20 OCT	£267,000	£537,821	50% below HPI

12 LAUREATE 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 three 12 LAUREATE WAY sales between October 2011 and August 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 August 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 12 LAUREATE WAY?

12 LAUREATE WAY is 75m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 12 LAUREATE WAY lies on this distribution: 3% of detached houses are smaller than 12 LAUREATE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

12 LAUREATE WAY: Plot and Title Map

12 LAUREATE WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 12 LAUREATE 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 12 LAUREATE 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 12 LAUREATE WAY?

12 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 12 on LAUREATE WAY.