8, MEADOW WAY, HEMEL HEMPSTEAD, HP3 0AT - £520,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MEADOW WAY is a large semi-detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £641,018. It was last sold for £520,000 in July 2019, which was around 17% above the average July 2019 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

8 MEADOW WAY Sold Prices

Land registry data shows three sales for 8 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dacorum local authority area for the corresponding sale date. All of the three 8 MEADOW WAY 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
2019 26 JUL	£520,000	£443,485	17% above HPI
2005 2 DEC	£350,000	£239,757	46% above HPI
2000 25 FEB	£242,000	£135,440	79% above HPI

8 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dacorum local authority area over time, sourced from the HPI. The three 8 MEADOW WAY sales between February 2000 and July 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 December 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 MEADOW WAY be worth now?

8 MEADOW WAY might now be worth an estimated £641,018.

This is based on house price inflation of 23.3%, between July 2019 and February 2025, for semi-detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 8 MEADOW WAY of £520,000 on 26th July 2019. For the value to have increased from £520,000 to £641,018 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 8 MEADOW WAY has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The July 2019 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOW WAY has not materially changed since July 2019.

How Large is 8 MEADOW WAY?

8 MEADOW WAY is 156m² according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of semi-detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemel Hempstead, and where 8 MEADOW WAY lies on this distribution: 71% of semi-detached houses houses are smaller than 8 MEADOW WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

8 MEADOW WAY: Plot and Title Map

8 MEADOW WAY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 8 MEADOW 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 8 MEADOW 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 8 MEADOW WAY?

8 MEADOW WAY is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 8 on MEADOW WAY.