THE LAURELS, DORCHESTER ROAD, HOOK, RG27 9DW - £1,000,000

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

THE LAURELS is a midsized extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in October 2022, which was around 32% above the average October 2022 detached price in the Hart local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Two of the three THE LAURELS sales were for above the average price, whilst one was 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 12 OCT	£1,000,000	£760,147	32% above HPI
2018 26 JUL	£565,000	£611,898	8% below HPI
2017 14 NOV	£735,000	£622,421	18% above HPI

THE LAURELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The three THE LAURELS sales between November 2017 and October 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 July 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 127m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Hook, based on EPC data. The below chart shows the distribution of detached houses by size in Hook, and where THE LAURELS lies on this distribution: 46% of detached houses are smaller than THE LAURELS, and 54% of houses are larger. Note that EPC data is not available for all properties in Hook.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on DORCHESTER ROAD in HOOK, in the RG27 postcode district. The below map shows the position of THE LAURELS on DORCHESTER ROAD.