56B, WEST VALLEY ROAD, HEMEL HEMPSTEAD, HP3 0AW - £324,950

56B WEST VALLEY ROAD is a very small detached house of 54m², built sometime between 2003 and 2006. It was last sold for £324,950 in September 2016, which was around 59% below the average September 2016 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

56B WEST VALLEY ROAD Sold Prices

Land registry data shows four sales for 56B WEST VALLEY 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 56B WEST VALLEY 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
2016 9 SEP	£324,950	£787,192	59% below HPI
2015 3 FEB	£242,000	£657,072	63% below HPI
2006 15 DEC	£212,000	£479,024	56% below HPI
2003 25 JUL	£168,000	£433,902	61% below HPI

56B WEST VALLEY 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 56B WEST VALLEY ROAD sales between July 2003 and September 2016 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 2015 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the September 2016 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 56B WEST VALLEY ROAD?

56B WEST VALLEY ROAD is 54m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% 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 56B WEST VALLEY ROAD lies on this distribution: Less than 1% of detached houses are smaller than 56B WEST VALLEY ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

56B WEST VALLEY ROAD: Plot and Title Map

56B WEST VALLEY ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 56B WEST VALLEY 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 56B WEST VALLEY 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 56B WEST VALLEY ROAD?

56B WEST VALLEY ROAD is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 56B on WEST VALLEY ROAD.