38, WALNUT GROVE, HEMEL HEMPSTEAD, HP2 4AP - £685,000

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

38 WALNUT GROVE is a large extended detached house of 144m², built sometime between 2003 and 2006. It was last sold for £685,000 in June 2021, which was around 20% below the average June 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

38 WALNUT GROVE Sold Prices

Land registry data shows four sales for 38 WALNUT GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 38 WALNUT GROVE 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 29 JUN	£685,000	£861,286	20% below HPI
2011 22 JUL	£465,000	£516,994	10% below HPI
2007 26 OCT	£487,500	£537,192	9% below HPI
2005 15 AUG	£410,000	£438,869	7% below HPI

38 WALNUT GROVE 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 four 38 WALNUT GROVE sales between August 2005 and June 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 July 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 WALNUT GROVE?

38 WALNUT GROVE is 144m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 38 WALNUT GROVE lies on this distribution: 64% of detached houses are smaller than 38 WALNUT GROVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

38 WALNUT GROVE: Plot and Title Map

38 WALNUT GROVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 38 WALNUT GROVE, 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 38 WALNUT GROVE). 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 38 WALNUT GROVE?

38 WALNUT GROVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 38 on WALNUT GROVE.