21, LYRICAL WAY, HEMEL HEMPSTEAD, HP1 3HZ - £339,950

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.

21 LYRICAL WAY is a small extended detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £689,608. It was last sold for £339,950 in December 2006, which was around 25% below the average December 2006 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

21 LYRICAL WAY Sold Prices

Land registry data shows three sales for 21 LYRICAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 21 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
2006 15 DEC	£339,950	£454,020	25% below HPI
1999 15 FEB	£170,000	£217,379	22% below HPI
1995 10 NOV	£135,000	£149,140	9% below HPI

21 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 three 21 LYRICAL WAY sales between November 1995 and December 2006 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 February 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2006 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 21 LYRICAL WAY be worth now?

21 LYRICAL WAY might now be worth an estimated £689,608.

This is based on house price inflation of 102.9%, between December 2006 and February 2025, for detached 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 102.9% inflationary increase is applied to the most recent sale price for 21 LYRICAL WAY of £339,950 on 15th December 2006. For the value to have increased from £339,950 to £689,608 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 21 LYRICAL WAY has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The December 2006 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 21 LYRICAL WAY has not materially changed since December 2006.

How Large is 21 LYRICAL WAY?

21 LYRICAL WAY is 117m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 21 LYRICAL WAY lies on this distribution: 39% of detached houses houses are smaller than 21 LYRICAL WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

21 LYRICAL WAY: Plot and Title Map

21 LYRICAL WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 21 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 21 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 21 LYRICAL WAY?

21 LYRICAL WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 21 on LYRICAL WAY.