43, GREAT ROAD, HEMEL HEMPSTEAD, HP2 5LB - £590,000

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

43 GREAT ROAD is a midsized detached house of 130m², which could now be worth an estimated £664,258. It was last sold for £590,000 in February 2021, which was around 28% below the average February 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was B.

43 GREAT ROAD Sold Prices

Land registry data shows three sales for 43 GREAT ROAD 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 43 GREAT ROAD 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 FEB	£590,000	£822,540	28% below HPI
2009 14 APR	£375,000	£434,285	14% below HPI
2006 20 OCT	£350,000	£446,122	22% below HPI

43 GREAT ROAD 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 43 GREAT ROAD sales between October 2006 and February 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 April 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 43 GREAT ROAD be worth now?

43 GREAT ROAD might now be worth an estimated £664,258.

This is based on house price inflation of 12.6%, between February 2021 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 12.6% inflationary increase is applied to the most recent sale price for 43 GREAT ROAD of £590,000 on 5th February 2021. For the value to have increased from £590,000 to £664,258 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 43 GREAT ROAD has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The February 2021 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 43 GREAT ROAD has not materially changed since February 2021.

How Large is 43 GREAT ROAD?

43 GREAT ROAD is 130m² according to the EPC inspection conducted in December 2008. This puts it in the largest 50% 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 43 GREAT ROAD lies on this distribution: 53% of detached houses houses are smaller than 43 GREAT ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

43 GREAT ROAD: Plot and Title Map

43 GREAT ROAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 43 GREAT ROAD, 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 43 GREAT ROAD). 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 43 GREAT ROAD?

43 GREAT ROAD is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 43 on GREAT ROAD.