39, GRAVEL LANE, HEMEL HEMPSTEAD, HP1 1SA - £740,000

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

39 GRAVEL LANE is a large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £740,000 in March 2021, which was around 13% below the average March 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

39 GRAVEL LANE Sold Prices

Land registry data shows two sales for 39 GRAVEL LANE 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 39 GRAVEL LANE 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 5 MAR	£740,000	£852,890	13% below HPI
2012 9 JUL	£482,500	£545,405	12% below HPI

39 GRAVEL LANE 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 39 GRAVEL LANE sales from July 2012 and March 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 39 GRAVEL LANE?

39 GRAVEL LANE is 160m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% 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 39 GRAVEL LANE lies on this distribution: 74% of detached houses are smaller than 39 GRAVEL LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

39 GRAVEL LANE: Plot and Title Map

39 GRAVEL LANE sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 39 GRAVEL LANE, 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 39 GRAVEL LANE). 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 39 GRAVEL LANE?

39 GRAVEL LANE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 39 on GRAVEL LANE.