72, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RU - £430,000

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 LAUREATE WAY is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £430,000 in October 2019, which was around 48% below the average October 2019 detached price in the Dacorum local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

72 LAUREATE WAY Sold Prices

Land registry data shows two sales for 72 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 72 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
2019 16 OCT	£430,000	£821,929	48% below HPI
2016 28 SEP	£468,000	£787,192	41% below HPI

72 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 72 LAUREATE WAY sales from September 2016 and October 2019 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 September 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 72 LAUREATE WAY?

72 LAUREATE WAY is 83m², which includes one extension, according to the EPC inspection conducted in April 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 72 LAUREATE WAY lies on this distribution: 6% of detached houses are smaller than 72 LAUREATE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

72 LAUREATE WAY: Plot and Title Map

72 LAUREATE WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 72 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 72 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 72 LAUREATE WAY?

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