69, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RW - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

69 LAUREATE WAY is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £425,000 in July 2016, which was around 46% below the average July 2016 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.

69 LAUREATE WAY Sold Prices

Land registry data shows three sales for 69 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 69 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
2016 27 JUL	£425,000	£788,288	46% below HPI
1998 21 JUL	£129,950	£217,774	40% below HPI
1995 16 FEB	£89,950	£151,692	41% below HPI

69 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 69 LAUREATE WAY sales between February 1995 and July 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 July 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 69 LAUREATE WAY?

69 LAUREATE WAY is 76m² 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 69 LAUREATE WAY lies on this distribution: 3% of detached houses are smaller than 69 LAUREATE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

69 LAUREATE WAY: Plot and Title Map

69 LAUREATE WAY sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 69 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 69 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 69 LAUREATE WAY?

69 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 69 on LAUREATE WAY.