54, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RU - £399,950

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

54 LAUREATE WAY is a very small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £625,454. It was last sold for £399,950 in July 2014, which was around 32% below the average July 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

54 LAUREATE WAY Sold Prices

Land registry data shows three sales for 54 LAUREATE WAY 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 54 LAUREATE 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
2014 21 JUL	£399,950	£592,178	32% below HPI
2005 6 JUN	£317,000	£406,443	22% below HPI
2001 21 SEP	£240,000	£325,989	26% below HPI

54 LAUREATE 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 three 54 LAUREATE WAY sales between September 2001 and July 2014 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 June 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 54 LAUREATE WAY be worth now?

54 LAUREATE WAY might now be worth an estimated £625,454.

This is based on house price inflation of 56.4%, between July 2014 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 56.4% inflationary increase is applied to the most recent sale price for 54 LAUREATE WAY of £399,950 on 21st July 2014. For the value to have increased from £399,950 to £625,454 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 54 LAUREATE WAY has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2014 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 54 LAUREATE WAY has not materially changed since July 2014.

How Large is 54 LAUREATE WAY?

54 LAUREATE WAY is 98m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 54 LAUREATE WAY lies on this distribution: 19% of detached houses houses are smaller than 54 LAUREATE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

54 LAUREATE WAY: Plot and Title Map

54 LAUREATE WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 54 LAUREATE 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 54 LAUREATE 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 54 LAUREATE WAY?

54 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 54 on LAUREATE WAY.