56B, WEST VALLEY ROAD, HEMEL HEMPSTEAD, HP3 0AW - £324,950

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

56B WEST VALLEY ROAD is a very small detached house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £403,330. It was last sold for £324,950 in September 2016, which was around 56% below the average September 2016 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

56B WEST VALLEY ROAD Sold Prices

Land registry data shows four sales for 56B WEST VALLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 56B WEST VALLEY 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
2016 9 SEP	£324,950	£746,102	56% below HPI
2015 3 FEB	£242,000	£622,775	61% below HPI
2006 15 DEC	£212,000	£454,020	53% below HPI
2003 25 JUL	£168,000	£411,254	59% below HPI

56B WEST VALLEY 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 four 56B WEST VALLEY ROAD sales between July 2003 and September 2016 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 February 2015 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the September 2016 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 56B WEST VALLEY ROAD be worth now?

56B WEST VALLEY ROAD might now be worth an estimated £403,330.

This is based on house price inflation of 24.1%, between September 2016 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 24.1% inflationary increase is applied to the most recent sale price for 56B WEST VALLEY ROAD of £324,950 on 9th September 2016. For the value to have increased from £324,950 to £403,330 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 56B WEST VALLEY ROAD has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The September 2016 sale price of £324,950 represented a fair market value for the property.
• The size, condition, and specification of 56B WEST VALLEY ROAD has not materially changed since September 2016.

How Large is 56B WEST VALLEY ROAD?

56B WEST VALLEY ROAD is 54m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% 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 56B WEST VALLEY ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 56B WEST VALLEY ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

56B WEST VALLEY ROAD: Plot and Title Map

56B WEST VALLEY ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 56B WEST VALLEY 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 56B WEST VALLEY 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 56B WEST VALLEY ROAD?

56B WEST VALLEY ROAD is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 56B on WEST VALLEY ROAD.