1A, NORTHRIDGE WAY, HEMEL HEMPSTEAD, HP1 2AE - £575,000

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

1A NORTHRIDGE WAY is a small detached house of 116m², built sometime between 1967 and 1975. It was last sold for £575,000 in May 2021, which was around 32% below the average May 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

1A NORTHRIDGE WAY Sold Prices

Land registry data shows three sales for 1A NORTHRIDGE 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 1A NORTHRIDGE 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
2021 27 MAY	£575,000	£848,702	32% below HPI
2012 15 JUN	£355,000	£542,374	35% below HPI
2003 29 AUG	£295,000	£434,945	32% below HPI

1A NORTHRIDGE 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 1A NORTHRIDGE WAY sales between August 2003 and May 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 June 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1A NORTHRIDGE WAY?

1A NORTHRIDGE WAY is 116m² according to the EPC inspection conducted in January 2020. 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 1A NORTHRIDGE WAY lies on this distribution: 38% of detached houses are smaller than 1A NORTHRIDGE WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1A NORTHRIDGE WAY: Plot and Title Map

1A NORTHRIDGE WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 1A NORTHRIDGE 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 1A NORTHRIDGE 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 1A NORTHRIDGE WAY?

1A NORTHRIDGE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 1A on NORTHRIDGE WAY.