24A, PARK ROAD, HEMEL HEMPSTEAD, HP1 1JS - £500,000

24A PARK ROAD is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £500,000 in June 2021, which was around 44% below the average June 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

24A PARK ROAD Sold Prices

Land registry data shows three sales for 24A PARK ROAD 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 24A PARK ROAD 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
2021 21 JUN	£500,000	£900,410	44% below HPI
2005 4 MAR	£293,000	£441,377	34% below HPI
2002 31 MAY	£217,500	£350,375	38% below HPI

24A PARK ROAD 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 24A PARK ROAD sales between May 2002 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 March 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 24A PARK ROAD?

24A PARK ROAD is 89m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hemel Hempstead, and where 24A PARK ROAD lies on this distribution: 10% of detached houses are smaller than 24A PARK ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

24A PARK ROAD: Plot and Title Map

24A PARK ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 24A PARK ROAD, 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 24A PARK ROAD). 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 24A PARK ROAD?

24A PARK ROAD is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 24A on PARK ROAD.