41, NEW PARK DRIVE, HEMEL HEMPSTEAD, HP2 4QJ - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 NEW PARK DRIVE is a midsized extended semi-detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £604,008. It was last sold for £415,000 in July 2015, which was around 10% above the average July 2015 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

41 NEW PARK DRIVE Sold Prices

Land registry data shows two sales for 41 NEW PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dacorum local authority area for the corresponding sale date. One of the two 41 NEW PARK DRIVE sales was for above the average price, whilst the other was 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
2015 17 JUL	£415,000	£375,622	10% above HPI
2003 21 MAR	£215,000	£219,497	2% below HPI

41 NEW PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 41 NEW PARK DRIVE sales from March 2003 and July 2015 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 41 NEW PARK DRIVE be worth now?

41 NEW PARK DRIVE might now be worth an estimated £604,008.

This is based on house price inflation of 45.5%, between July 2015 and February 2025, for semi-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 45.5% inflationary increase is applied to the most recent sale price for 41 NEW PARK DRIVE of £415,000 on 17th July 2015. For the value to have increased from £415,000 to £604,008 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 41 NEW PARK DRIVE has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The July 2015 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 41 NEW PARK DRIVE has not materially changed since July 2015.

How Large is 41 NEW PARK DRIVE?

41 NEW PARK DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of semi-detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemel Hempstead, and where 41 NEW PARK DRIVE lies on this distribution: 56% of semi-detached houses houses are smaller than 41 NEW PARK DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

41 NEW PARK DRIVE: Plot and Title Map

41 NEW PARK DRIVE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 41 NEW PARK 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 41 NEW PARK 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 41 NEW PARK DRIVE?

41 NEW PARK DRIVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 41 on NEW PARK DRIVE.