87, HIGHFIELD LANE, HEMEL HEMPSTEAD, HP2 5JE - £750,000

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.

87 HIGHFIELD LANE is a large extended detached house of 163m², built sometime between 1950 and 1966, which could now be worth an estimated £787,130. It was last sold for £750,000 in March 2022, which was around 12% below the average March 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

87 HIGHFIELD LANE Sold Prices

Land registry data shows three sales for 87 HIGHFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 87 HIGHFIELD 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
2022 25 MAR	£750,000	£856,868	12% below HPI
2007 4 MAY	£415,000	£467,077	11% below HPI
1996 28 JUN	£150,000	£151,393	1% below HPI

87 HIGHFIELD 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 three 87 HIGHFIELD LANE sales between June 1996 and March 2022 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 87 HIGHFIELD LANE be worth now?

87 HIGHFIELD LANE might now be worth an estimated £787,130.

This is based on house price inflation of 5%, between March 2022 and March 2025, for 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 5% inflationary increase is applied to the most recent sale price for 87 HIGHFIELD LANE of £750,000 on 25th March 2022. For the value to have increased from £750,000 to £787,130 over the three years to March 2025, the following assumptions must hold true:

• The value of 87 HIGHFIELD LANE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 87 HIGHFIELD LANE has not materially changed since March 2022.

How Large is 87 HIGHFIELD LANE?

87 HIGHFIELD LANE is 163m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 87 HIGHFIELD LANE lies on this distribution: 76% of detached houses houses are smaller than 87 HIGHFIELD LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

87 HIGHFIELD LANE: Plot and Title Map

87 HIGHFIELD LANE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 87 HIGHFIELD 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 87 HIGHFIELD 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 87 HIGHFIELD LANE?

87 HIGHFIELD LANE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 87 on HIGHFIELD LANE.