62, LAUREATE WAY, HEMEL HEMPSTEAD, HP1 3RU - £327,000

62 LAUREATE WAY is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £327,000 in August 2012, which was around 40% below the average August 2012 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

62 LAUREATE WAY Sold Prices

Land registry data shows two sales for 62 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 62 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
2012 13 AUG	£327,000	£547,977	40% below HPI
2004 25 FEB	£265,000	£423,284	37% below HPI

62 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 62 LAUREATE WAY sales from February 2004 and August 2012 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 62 LAUREATE WAY?

62 LAUREATE WAY is 80m² according to the EPC inspection conducted in March 2012. 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 62 LAUREATE WAY lies on this distribution: 5% of detached houses are smaller than 62 LAUREATE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

62 LAUREATE WAY: Plot and Title Map

62 LAUREATE WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 62 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 62 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 62 LAUREATE WAY?

62 LAUREATE WAY is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 62 on LAUREATE WAY.