78, NEW PARK DRIVE, HEMEL HEMPSTEAD, HP2 4QJ - £212,500

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.

78 NEW PARK DRIVE is a very small terraced house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £457,698. It was last sold for £212,500 in March 2006, which was around 11% above the average March 2006 terraced price in the Dacorum local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

78 NEW PARK DRIVE Sold Prices

Land registry data shows two sales for 78 NEW PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. Both of the two 78 NEW PARK DRIVE sales were for above 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
2006 31 MAR	£212,500	£191,400	11% above HPI
1996 1 JUL	£72,000	£63,819	13% above HPI

78 NEW PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dacorum local authority area over time, sourced from the HPI. The two 78 NEW PARK DRIVE sales from July 1996 and March 2006 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 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2006 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 78 NEW PARK DRIVE be worth now?

78 NEW PARK DRIVE might now be worth an estimated £457,698.

This is based on house price inflation of 115.4%, between March 2006 and June 2025, for terraced 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 115.4% inflationary increase is applied to the most recent sale price for 78 NEW PARK DRIVE of £212,500 on 31st March 2006. For the value to have increased from £212,500 to £457,698 over the eighteen years and nine months to June 2025, the following assumptions must hold true:

• The value of 78 NEW PARK DRIVE has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The March 2006 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 78 NEW PARK DRIVE has not materially changed since March 2006.

How Large is 78 NEW PARK DRIVE?

78 NEW PARK DRIVE is 81m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hemel Hempstead, and where 78 NEW PARK DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 78 NEW PARK DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

78 NEW PARK DRIVE: Plot and Title Map

78 NEW PARK DRIVE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 78 NEW PARK DRIVE, 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 78 NEW PARK DRIVE). 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 78 NEW PARK DRIVE?

78 NEW PARK DRIVE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 78 on NEW PARK DRIVE.