2, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RT - £245,000

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.

2 LAUREATE WAY is a very small extended terraced house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £533,153. It was last sold for £245,000 in August 2005, which was around 29% above the average August 2005 terraced price in the Dacorum local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 LAUREATE WAY Sold Prices

Land registry data shows two sales for 2 LAUREATE 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. Both of the two 2 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
2005 25 AUG	£245,000	£189,442	29% above HPI
1995 18 DEC	£68,000	£62,869	8% above HPI

2 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 two 2 LAUREATE WAY sales from December 1995 and August 2005 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2005 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 LAUREATE WAY be worth now?

2 LAUREATE WAY might now be worth an estimated £533,153.

This is based on house price inflation of 117.6%, between August 2005 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 117.6% inflationary increase is applied to the most recent sale price for 2 LAUREATE WAY of £245,000 on 25th August 2005. For the value to have increased from £245,000 to £533,153 over the twenty years and two months to June 2025, the following assumptions must hold true:

• The value of 2 LAUREATE WAY has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The August 2005 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAUREATE WAY has not materially changed since August 2005.

How Large is 2 LAUREATE WAY?

2 LAUREATE WAY is 96m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% 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 2 LAUREATE WAY lies on this distribution: 17% of terraced houses houses are smaller than 2 LAUREATE WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 LAUREATE WAY: Plot and Title Map

2 LAUREATE WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 2 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 2 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 2 LAUREATE WAY?

2 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 2 on LAUREATE WAY.