11, LYRICAL WAY, HEMEL HEMPSTEAD, HP1 3HZ - £565,000

11 LYRICAL WAY is a small detached house of 105m², built sometime between 1991 and 1995. It was last sold for £565,000 in August 2020, which was around 33% below the average August 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

11 LYRICAL WAY Sold Prices

Land registry data shows two sales for 11 LYRICAL WAY 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 11 LYRICAL WAY 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
2020 28 AUG	£565,000	£841,596	33% below HPI
1995 15 DEC	£131,950	£157,937	16% below HPI

11 LYRICAL WAY 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 11 LYRICAL WAY sales from December 1995 and August 2020 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 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 11 LYRICAL WAY?

11 LYRICAL WAY is 105m² according to the EPC inspection conducted in June 2019. 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 11 LYRICAL WAY lies on this distribution: 26% of detached houses are smaller than 11 LYRICAL WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

11 LYRICAL WAY: Plot and Title Map

11 LYRICAL WAY sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 11 LYRICAL 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 11 LYRICAL 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 11 LYRICAL WAY?

11 LYRICAL WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 11 on LYRICAL WAY.