5, GREEN LANE, HEMEL HEMPSTEAD, HP2 4RZ - £370,000

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.

5 GREEN LANE is a midsized extended detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £661,063. It was last sold for £370,000 in March 2011, which was around 28% below the average March 2011 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

5 GREEN LANE Sold Prices

Land registry data shows two sales for 5 GREEN 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 5 GREEN 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
2011 31 MAR	£370,000	£515,491	28% below HPI
1998 20 NOV	£167,500	£214,892	22% below HPI

5 GREEN 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 5 GREEN LANE sales from November 1998 and March 2011 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 November 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 GREEN LANE be worth now?

5 GREEN LANE might now be worth an estimated £661,063.

This is based on house price inflation of 78.7%, between March 2011 and February 2025, 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 78.7% inflationary increase is applied to the most recent sale price for 5 GREEN LANE of £370,000 on 31st March 2011. For the value to have increased from £370,000 to £661,063 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 5 GREEN LANE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2011 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREEN LANE has not materially changed since March 2011.

How Large is 5 GREEN LANE?

5 GREEN LANE is 128m², which includes one extension, according to the EPC inspection conducted in March 2010. 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 5 GREEN LANE lies on this distribution: 50% of detached houses houses are smaller than 5 GREEN LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 GREEN LANE: Plot and Title Map

5 GREEN LANE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 GREEN 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 5 GREEN 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 5 GREEN LANE?

5 GREEN LANE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 5 on GREEN LANE.