36, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RT - £430,000

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.

36 LAUREATE WAY is a small extended terraced house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £521,323. It was last sold for £430,000 in May 2019, which was around 26% above the average May 2019 terraced price in the Dacorum local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

36 LAUREATE WAY Sold Prices

Land registry data shows four sales for 36 LAUREATE WAY 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 36 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
2019 15 MAY	£430,000	£340,035	26% above HPI
2017 24 OCT	£425,000	£348,165	22% above HPI
2016 18 OCT	£410,000	£338,626	21% above HPI
2000 30 JUN	£159,000	£115,243	38% above HPI

36 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 four 36 LAUREATE WAY sales between June 2000 and May 2019 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 October 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 36 LAUREATE WAY be worth now?

36 LAUREATE WAY might now be worth an estimated £521,323.

This is based on house price inflation of 21.2%, between May 2019 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 21.2% inflationary increase is applied to the most recent sale price for 36 LAUREATE WAY of £430,000 on 15th May 2019. For the value to have increased from £430,000 to £521,323 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 36 LAUREATE WAY has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The May 2019 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 36 LAUREATE WAY has not materially changed since May 2019.

How Large is 36 LAUREATE WAY?

36 LAUREATE WAY is 101m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 36 LAUREATE WAY lies on this distribution: 22% of terraced houses houses are smaller than 36 LAUREATE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

36 LAUREATE WAY: Plot and Title Map

36 LAUREATE WAY sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 36 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 36 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 36 LAUREATE WAY?

36 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 36 on LAUREATE WAY.