68, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RU - £555,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

68 LAUREATE WAY is a very small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £555,000 in November 2023, which was around 41% below the average November 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

68 LAUREATE WAY Sold Prices

Land registry data shows two sales for 68 LAUREATE 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 68 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
2023 23 NOV	£555,000	£947,849	41% below HPI
2016 24 MAR	£452,000	£781,907	42% below HPI

68 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 two 68 LAUREATE WAY sales from March 2016 and November 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 March 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2023 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 68 LAUREATE WAY?

68 LAUREATE WAY is 85m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hemel Hempstead, and where 68 LAUREATE WAY lies on this distribution: 7% of detached houses are smaller than 68 LAUREATE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

68 LAUREATE WAY: Plot and Title Map

68 LAUREATE WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 68 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 68 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 68 LAUREATE WAY?

68 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 68 on LAUREATE WAY.