61, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RW - £345,000

61 LAUREATE WAY is a very small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £345,000 in November 2014, which was around 47% below the average November 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

61 LAUREATE WAY Sold Prices

Land registry data shows two sales for 61 LAUREATE WAY 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 61 LAUREATE WAY 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
2014 14 NOV	£345,000	£646,499	47% below HPI
1997 27 OCT	£112,750	£197,306	43% below HPI

61 LAUREATE WAY 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 61 LAUREATE WAY sales from October 1997 and November 2014 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 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 61 LAUREATE WAY?

61 LAUREATE WAY is 94m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% 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 61 LAUREATE WAY lies on this distribution: 15% of detached houses are smaller than 61 LAUREATE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

61 LAUREATE WAY: Plot and Title Map

61 LAUREATE WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 61 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 61 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 61 LAUREATE WAY?

61 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 61 on LAUREATE WAY.