25, LYRICAL WAY, HEMEL HEMPSTEAD, HP1 3HZ - £505,000

25 LYRICAL WAY is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £505,000 in March 2017, which was around 38% below the average March 2017 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

25 LYRICAL WAY Sold Prices

Land registry data shows two sales for 25 LYRICAL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 25 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
2017 8 MAR	£505,000	£814,904	38% below HPI
1996 1 APR	£134,450	£159,493	16% below HPI

25 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 two 25 LYRICAL WAY sales from April 1996 and March 2017 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 April 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 25 LYRICAL WAY?

25 LYRICAL WAY is 103m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 25 LYRICAL WAY lies on this distribution: 24% of detached houses are smaller than 25 LYRICAL WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

25 LYRICAL WAY: Plot and Title Map

25 LYRICAL WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 25 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 25 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 25 LYRICAL WAY?

25 LYRICAL WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 25 on LYRICAL WAY.