72, GRAVEL LANE, HEMEL HEMPSTEAD, HP1 1SA - £740,000

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

72 GRAVEL LANE is a very large extended detached house of 192m², built sometime between 1950 and 1966. It was last sold for £740,000 in November 2020, which was around 15% below the average November 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

72 GRAVEL LANE Sold Prices

Land registry data shows two sales for 72 GRAVEL LANE 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 72 GRAVEL LANE 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
2020 25 NOV	£740,000	£865,917	15% below HPI
1998 3 APR	£190,000	£208,624	9% below HPI

72 GRAVEL LANE 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 72 GRAVEL LANE sales from April 1998 and November 2020 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 April 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 72 GRAVEL LANE?

72 GRAVEL LANE is 192m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% 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 72 GRAVEL LANE lies on this distribution: 87% of detached houses are smaller than 72 GRAVEL LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

72 GRAVEL LANE: Plot and Title Map

72 GRAVEL LANE sits on a plot of roughly 0.289 of an acre, or 1,171m². The below map shows the location of 72 GRAVEL LANE, 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 72 GRAVEL LANE). 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 72 GRAVEL LANE?

72 GRAVEL LANE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 72 on GRAVEL LANE.