24, NEPTUNE DRIVE, HEMEL HEMPSTEAD, HP2 5QE - £430,000

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

24 NEPTUNE DRIVE is a very small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £521,835. It was last sold for £430,000 in February 2017, which was around 44% below the average February 2017 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

24 NEPTUNE DRIVE Sold Prices

Land registry data shows three sales for 24 NEPTUNE DRIVE 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 24 NEPTUNE DRIVE 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
2017 10 FEB	£430,000	£763,093	44% below HPI
2015 29 APR	£250,000	£633,554	61% below HPI
2004 19 JUL	£95,000	£406,953	77% below HPI

24 NEPTUNE DRIVE 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 24 NEPTUNE DRIVE sales between July 2004 and February 2017 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 April 2015 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the February 2017 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 24 NEPTUNE DRIVE be worth now?

24 NEPTUNE DRIVE might now be worth an estimated £521,835.

This is based on house price inflation of 21.4%, between February 2017 and December 2024, 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 21.4% inflationary increase is applied to the most recent sale price for 24 NEPTUNE DRIVE of £430,000 on 10th February 2017. For the value to have increased from £430,000 to £521,835 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 24 NEPTUNE DRIVE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The February 2017 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEPTUNE DRIVE has not materially changed since February 2017.

How Large is 24 NEPTUNE DRIVE?

24 NEPTUNE DRIVE is 98m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 24 NEPTUNE DRIVE lies on this distribution: 19% of detached houses houses are smaller than 24 NEPTUNE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

24 NEPTUNE DRIVE: Plot and Title Map

24 NEPTUNE DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 24 NEPTUNE DRIVE, 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 24 NEPTUNE DRIVE). 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 24 NEPTUNE DRIVE?

24 NEPTUNE DRIVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 24 on NEPTUNE DRIVE.