7, LAUREL BANK, FELDEN, HEMEL HEMPSTEAD, HP3 0NX - £1,200,000

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

7 LAUREL BANK is a very large extended detached house of 219m², built sometime between 1996 and 2002. It was last sold for £1,200,000 in May 2023, which was around 26% above the average May 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

7 LAUREL BANK Sold Prices

Land registry data shows two sales for 7 LAUREL BANK 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 7 LAUREL BANK sales were for above 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 5 MAY	£1,200,000	£952,496	26% above HPI
1999 27 MAY	£420,000	£233,727	80% above HPI

7 LAUREL BANK 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 7 LAUREL BANK sales from May 1999 and May 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 May 1999 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the May 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 LAUREL BANK?

7 LAUREL BANK is 219m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 7 LAUREL BANK lies on this distribution: 92% of detached houses are smaller than 7 LAUREL BANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

7 LAUREL BANK: Plot and Title Map

7 LAUREL BANK sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 7 LAUREL BANK, 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 7 LAUREL BANK). 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 7 LAUREL BANK?

7 LAUREL BANK is located in FELDEN, in the HP3 postcode district. The below map shows the position of No. 7 on LAUREL BANK.