16, PARK ROAD, HEMEL HEMPSTEAD, HP1 1JS - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 PARK ROAD is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £405,000 in May 2014, which was around 32% below the average May 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

16 PARK ROAD Sold Prices

Land registry data shows two sales for 16 PARK ROAD 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 16 PARK ROAD 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
2014 12 MAY	£405,000	£591,535	32% below HPI
2007 8 MAR	£370,500	£485,252	24% below HPI

16 PARK ROAD 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 16 PARK ROAD sales from March 2007 and May 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 March 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 PARK ROAD?

16 PARK ROAD is 112m² according to the EPC inspection conducted in March 2013. 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 16 PARK ROAD lies on this distribution: 34% of detached houses are smaller than 16 PARK ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

16 PARK ROAD: Plot and Title Map

16 PARK ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 16 PARK ROAD, 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 16 PARK ROAD). 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 16 PARK ROAD?

16 PARK ROAD is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 16 on PARK ROAD.