22, WALNUT GROVE, HEMEL HEMPSTEAD, HP2 4AP - £475,000

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.

22 WALNUT GROVE is a midsized extended terraced house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £534,429. It was last sold for £475,000 in April 2021, which was around 30% above the average April 2021 terraced price in the Dacorum local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

22 WALNUT GROVE Sold Prices

Land registry data shows four sales for 22 WALNUT GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. All of the four 22 WALNUT GROVE 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
2021 16 APR	£475,000	£366,408	30% above HPI
2015 8 DEC	£391,000	£319,908	22% above HPI
2007 26 OCT	£279,950	£231,149	21% above HPI
2001 14 DEC	£165,000	£125,682	31% above HPI

22 WALNUT GROVE 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 four 22 WALNUT GROVE sales between December 2001 and April 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 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 22 WALNUT GROVE be worth now?

22 WALNUT GROVE might now be worth an estimated £534,429.

This is based on house price inflation of 12.5%, between April 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 12.5% inflationary increase is applied to the most recent sale price for 22 WALNUT GROVE of £475,000 on 16th April 2021. For the value to have increased from £475,000 to £534,429 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 22 WALNUT GROVE has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The April 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WALNUT GROVE has not materially changed since April 2021.

How Large is 22 WALNUT GROVE?

22 WALNUT GROVE is 121m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 22 WALNUT GROVE lies on this distribution: 43% of terraced houses houses are smaller than 22 WALNUT GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

22 WALNUT GROVE: Plot and Title Map

22 WALNUT GROVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 22 WALNUT GROVE, 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 22 WALNUT GROVE). 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 22 WALNUT GROVE?

22 WALNUT GROVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 22 on WALNUT GROVE.