15, TEAL WAY, HEMEL HEMPSTEAD, HP3 9FE - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 TEAL WAY is a small detached house of 115m², built sometime between 1996 and 2002. It was last sold for £550,000 in March 2020, which was around 30% below the average March 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

15 TEAL WAY Sold Prices

Land registry data shows three sales for 15 TEAL 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 15 TEAL 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
2020 30 MAR	£550,000	£785,436	30% below HPI
2005 20 DEC	£385,000	£410,468	6% below HPI
2001 20 NOV	£268,000	£319,336	16% below HPI

15 TEAL 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 15 TEAL WAY sales between November 2001 and March 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 December 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 TEAL WAY?

15 TEAL WAY is 115m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% 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 15 TEAL WAY lies on this distribution: 36% of detached houses are smaller than 15 TEAL WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

15 TEAL WAY: Plot and Title Map

15 TEAL WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 15 TEAL 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 15 TEAL 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 15 TEAL WAY?

15 TEAL WAY is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 15 on TEAL WAY.