8, VARNEY ROAD, HEMEL HEMPSTEAD, HP1 2LB - £310,000

8 VARNEY ROAD is a very small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £310,000 in September 2013, which was around 45% below the average September 2013 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

8 VARNEY ROAD Sold Prices

Land registry data shows two sales for 8 VARNEY ROAD 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 8 VARNEY 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
2013 12 SEP	£310,000	£564,253	45% below HPI
2006 7 APR	£249,950	£444,183	44% below HPI

8 VARNEY 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 two 8 VARNEY ROAD sales from April 2006 and September 2013 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 April 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 VARNEY ROAD?

8 VARNEY ROAD is 95m² according to the EPC inspection conducted in October 2012. 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 8 VARNEY ROAD lies on this distribution: 17% of detached houses are smaller than 8 VARNEY ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

8 VARNEY ROAD: Plot and Title Map

8 VARNEY ROAD sits on a plot of roughly 0.074 of an acre, or 297m². The below map shows the location of 8 VARNEY 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 8 VARNEY 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 8 VARNEY ROAD?

8 VARNEY ROAD is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 8 on VARNEY ROAD.