93, NEW PARK DRIVE, HEMEL HEMPSTEAD, HP2 4QW - £580,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

93 NEW PARK DRIVE is a small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £607,129. It was last sold for £580,000 in June 2022, which was around 34% below the average June 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

93 NEW PARK DRIVE Sold Prices

Land registry data shows two sales for 93 NEW PARK DRIVE 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 93 NEW PARK DRIVE 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 10 JUN	£580,000	£884,685	34% below HPI
2020 30 NOV	£500,000	£820,718	39% below HPI

93 NEW PARK DRIVE 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 93 NEW PARK DRIVE sales from November 2020 and June 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 November 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 93 NEW PARK DRIVE be worth now?

93 NEW PARK DRIVE might now be worth an estimated £607,129.

This is based on house price inflation of 4.7%, between June 2022 and December 2024, 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 4.7% inflationary increase is applied to the most recent sale price for 93 NEW PARK DRIVE of £580,000 on 10th June 2022. For the value to have increased from £580,000 to £607,129 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 93 NEW PARK DRIVE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The June 2022 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 93 NEW PARK DRIVE has not materially changed since June 2022.

How Large is 93 NEW PARK DRIVE?

93 NEW PARK DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 93 NEW PARK DRIVE lies on this distribution: 20% of detached houses houses are smaller than 93 NEW PARK DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

93 NEW PARK DRIVE: Plot and Title Map

93 NEW PARK DRIVE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 93 NEW PARK DRIVE, 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 93 NEW PARK DRIVE). 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 93 NEW PARK DRIVE?

93 NEW PARK DRIVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 93 on NEW PARK DRIVE.