7A, GREAT ROAD, HEMEL HEMPSTEAD, HP2 5LB - £397,500

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

7A GREAT ROAD is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £397,500 in August 2015, which was around 43% below the average August 2015 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

7A GREAT ROAD Sold Prices

Land registry data shows two sales for 7A GREAT ROAD 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 7A GREAT ROAD 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
2015 24 AUG	£397,500	£699,726	43% below HPI
2002 16 APR	£224,500	£342,813	35% below HPI

7A GREAT ROAD 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 7A GREAT ROAD sales from April 2002 and August 2015 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 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 7A GREAT ROAD?

7A GREAT ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 7A GREAT ROAD lies on this distribution: 23% of detached houses are smaller than 7A GREAT ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

7A GREAT ROAD: Plot and Title Map

7A GREAT ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 7A GREAT ROAD, 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 7A GREAT ROAD). 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 7A GREAT ROAD?

7A GREAT ROAD is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 7A on GREAT ROAD.