14, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RT - £437,500

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.

14 LAUREATE WAY is a very small extended terraced house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £519,075. It was last sold for £437,500 in July 2020, which was around 26% above the average July 2020 terraced price in the Dacorum local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

14 LAUREATE WAY Sold Prices

Land registry data shows three sales for 14 LAUREATE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. All of the three 14 LAUREATE 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
2020 6 JUL	£437,500	£347,464	26% above HPI
2009 17 DEC	£250,000	£208,381	20% above HPI
2001 6 APR	£152,000	£121,244	25% above HPI

14 LAUREATE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dacorum local authority area over time, sourced from the HPI. The three 14 LAUREATE WAY sales between April 2001 and July 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 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 14 LAUREATE WAY be worth now?

14 LAUREATE WAY might now be worth an estimated £519,075.

This is based on house price inflation of 18.6%, between July 2020 and June 2025, for terraced 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 18.6% inflationary increase is applied to the most recent sale price for 14 LAUREATE WAY of £437,500 on 6th July 2020. For the value to have increased from £437,500 to £519,075 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 14 LAUREATE WAY has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The July 2020 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 14 LAUREATE WAY has not materially changed since July 2020.

How Large is 14 LAUREATE WAY?

14 LAUREATE WAY is 89m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of terraced houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hemel Hempstead, and where 14 LAUREATE WAY lies on this distribution: 10% of terraced houses houses are smaller than 14 LAUREATE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

14 LAUREATE WAY: Plot and Title Map

14 LAUREATE WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 14 LAUREATE 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 14 LAUREATE 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 14 LAUREATE WAY?

14 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 14 on LAUREATE WAY.