5, ASHTREE WAY, HEMEL HEMPSTEAD, HP1 1QS - £650,000

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

5 ASHTREE WAY is a small extended detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £786,596. It was last sold for £650,000 in March 2019, which was around 15% below the average March 2019 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

5 ASHTREE WAY Sold Prices

Land registry data shows two sales for 5 ASHTREE WAY 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 5 ASHTREE WAY 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
2019 18 MAR	£650,000	£765,250	15% below HPI
2014 17 DEC	£540,000	£613,188	12% below HPI

5 ASHTREE WAY 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 5 ASHTREE WAY sales from December 2014 and March 2019 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 December 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 ASHTREE WAY be worth now?

5 ASHTREE WAY might now be worth an estimated £786,596.

This is based on house price inflation of 21%, between March 2019 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% inflationary increase is applied to the most recent sale price for 5 ASHTREE WAY of £650,000 on 18th March 2019. For the value to have increased from £650,000 to £786,596 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 5 ASHTREE WAY has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2019 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ASHTREE WAY has not materially changed since March 2019.

How Large is 5 ASHTREE WAY?

5 ASHTREE WAY is 109m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% 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 5 ASHTREE WAY lies on this distribution: 30% of detached houses houses are smaller than 5 ASHTREE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 ASHTREE WAY: Plot and Title Map

5 ASHTREE WAY sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 5 ASHTREE WAY, 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 5 ASHTREE WAY). 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 5 ASHTREE WAY?

5 ASHTREE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 5 on ASHTREE WAY.