47, PARK ROAD, HEMEL HEMPSTEAD, HP1 1JS - £675,000

47 PARK ROAD is a midsized extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £675,000 in June 2023, which was around 31% below the average June 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

47 PARK ROAD Sold Prices

Land registry data shows four sales for 47 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 47 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
2023 9 JUN	£675,000	£979,935	31% below HPI
2012 10 AUG	£350,000	£547,977	36% below HPI
2003 2 APR	£305,000	£419,405	27% below HPI
2002 11 FEB	£274,950	£334,658	18% below HPI

47 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 four 47 PARK ROAD sales between February 2002 and June 2023 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 August 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 47 PARK ROAD?

47 PARK ROAD is 123m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% 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 47 PARK ROAD lies on this distribution: 46% of detached houses are smaller than 47 PARK ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

47 PARK ROAD: Plot and Title Map

47 PARK ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 47 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 47 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 47 PARK ROAD?

47 PARK ROAD is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 47 on PARK ROAD.