156, NORTHRIDGE WAY, HEMEL HEMPSTEAD, HP1 2AG - £425,000

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.

156 NORTHRIDGE WAY is a small extended terraced house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £470,395. It was last sold for £425,000 in June 2021, which was around 14% above the average June 2021 terraced price in the Dacorum local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

156 NORTHRIDGE WAY Sold Prices

Land registry data shows two sales for 156 NORTHRIDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. One of the two 156 NORTHRIDGE WAY sales was for above the average price, whilst the other 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
2021 29 JUN	£425,000	£372,467	14% above HPI
2013 13 DEC	£238,000	£241,767	2% below HPI

156 NORTHRIDGE 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 two 156 NORTHRIDGE WAY sales from December 2013 and June 2021 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 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 156 NORTHRIDGE WAY be worth now?

156 NORTHRIDGE WAY might now be worth an estimated £470,395.

This is based on house price inflation of 10.7%, between June 2021 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 10.7% inflationary increase is applied to the most recent sale price for 156 NORTHRIDGE WAY of £425,000 on 29th June 2021. For the value to have increased from £425,000 to £470,395 over the four years to June 2025, the following assumptions must hold true:

• The value of 156 NORTHRIDGE WAY has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 156 NORTHRIDGE WAY has not materially changed since June 2021.

How Large is 156 NORTHRIDGE WAY?

156 NORTHRIDGE WAY is 99m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% 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 156 NORTHRIDGE WAY lies on this distribution: 20% of terraced houses houses are smaller than 156 NORTHRIDGE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

156 NORTHRIDGE WAY: Plot and Title Map

156 NORTHRIDGE WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 156 NORTHRIDGE 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 156 NORTHRIDGE 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 156 NORTHRIDGE WAY?

156 NORTHRIDGE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 156 on NORTHRIDGE WAY.