5, THE WAYSIDE, HEMEL HEMPSTEAD, HP3 8NR - £750,000

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.

5 THE WAYSIDE is a very large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £856,462. It was last sold for £750,000 in August 2020, which was around 6% below the average August 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

5 THE WAYSIDE Sold Prices

Land registry data shows two sales for 5 THE WAYSIDE 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 5 THE WAYSIDE 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
2020 19 AUG	£750,000	£797,666	6% below HPI
2000 20 APR	£225,000	£268,674	16% below HPI

5 THE WAYSIDE 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 5 THE WAYSIDE sales from April 2000 and August 2020 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 THE WAYSIDE be worth now?

5 THE WAYSIDE might now be worth an estimated £856,462.

This is based on house price inflation of 14.2%, between August 2020 and June 2025, for detached 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 14.2% inflationary increase is applied to the most recent sale price for 5 THE WAYSIDE of £750,000 on 19th August 2020. For the value to have increased from £750,000 to £856,462 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 5 THE WAYSIDE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The August 2020 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE WAYSIDE has not materially changed since August 2020.

How Large is 5 THE WAYSIDE?

5 THE WAYSIDE is 181m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 5 THE WAYSIDE lies on this distribution: 83% of detached houses houses are smaller than 5 THE WAYSIDE, and 17% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 THE WAYSIDE: Plot and Title Map

5 THE WAYSIDE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 5 THE WAYSIDE, 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 5 THE WAYSIDE). 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 5 THE WAYSIDE?

5 THE WAYSIDE is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 5 on THE WAYSIDE.