7, NICHOLAS WAY, HEMEL HEMPSTEAD, HP2 5JH - £455,000

7 NICHOLAS WAY is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £455,000 in March 2014, which was around 23% below the average March 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

7 NICHOLAS WAY Sold Prices

Land registry data shows three sales for 7 NICHOLAS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 7 NICHOLAS 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 MAR	£455,000	£592,127	23% below HPI
2006 28 JUL	£380,000	£459,263	17% below HPI
2004 29 JAN	£365,000	£413,458	12% below HPI

7 NICHOLAS 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 three 7 NICHOLAS WAY sales between January 2004 and March 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 July 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 NICHOLAS WAY?

7 NICHOLAS WAY is 130m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 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 7 NICHOLAS WAY lies on this distribution: 53% of detached houses are smaller than 7 NICHOLAS WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

7 NICHOLAS WAY: Plot and Title Map

7 NICHOLAS WAY sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 7 NICHOLAS 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 7 NICHOLAS 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 7 NICHOLAS WAY?

7 NICHOLAS WAY is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 7 on NICHOLAS WAY.