45, GRAVEL LANE, HEMEL HEMPSTEAD, HP1 1SA - £875,000

45 GRAVEL LANE is a large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £875,000 in October 2022, which was around 14% below the average October 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was D.

45 GRAVEL LANE Sold Prices

Land registry data shows three sales for 45 GRAVEL LANE 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 45 GRAVEL LANE 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
2022 24 OCT	£875,000	£1,015,537	14% below HPI
2014 21 FEB	£525,000	£589,572	11% below HPI
2007 31 AUG	£470,000	£520,847	10% below HPI

45 GRAVEL LANE 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 45 GRAVEL LANE sales between August 2007 and October 2022 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 45 GRAVEL LANE?

45 GRAVEL LANE is 155m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 45 GRAVEL LANE lies on this distribution: 71% of detached houses are smaller than 45 GRAVEL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

45 GRAVEL LANE: Plot and Title Map

45 GRAVEL LANE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 45 GRAVEL LANE, 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 45 GRAVEL LANE). 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 45 GRAVEL LANE?

45 GRAVEL LANE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 45 on GRAVEL LANE.