58, NEW PARK DRIVE, HEMEL HEMPSTEAD, HP2 4QQ - £450,000

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.

58 NEW PARK DRIVE is a very small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £471,242. It was last sold for £450,000 in July 2023, which was around 14% below the average July 2023 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

58 NEW PARK DRIVE Sold Prices

Land registry data shows two sales for 58 NEW PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 58 NEW PARK DRIVE 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
2023 31 JUL	£450,000	£522,053	14% below HPI
2021 25 JUN	£370,000	£477,743	23% below HPI

58 NEW PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 58 NEW PARK DRIVE sales from June 2021 and July 2023 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 58 NEW PARK DRIVE be worth now?

58 NEW PARK DRIVE might now be worth an estimated £471,242.

This is based on house price inflation of 4.7%, between July 2023 and February 2025, for semi-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 4.7% inflationary increase is applied to the most recent sale price for 58 NEW PARK DRIVE of £450,000 on 31st July 2023. For the value to have increased from £450,000 to £471,242 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 58 NEW PARK DRIVE has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The July 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 58 NEW PARK DRIVE has not materially changed since July 2023.

How Large is 58 NEW PARK DRIVE?

58 NEW PARK DRIVE is 84m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of semi-detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemel Hempstead, and where 58 NEW PARK DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 58 NEW PARK DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

58 NEW PARK DRIVE: Plot and Title Map

58 NEW PARK DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 58 NEW PARK DRIVE, 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 58 NEW PARK DRIVE). 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 58 NEW PARK DRIVE?

58 NEW PARK DRIVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 58 on NEW PARK DRIVE.