ALBUHERA, KING EDWARD STREET, HEMEL HEMPSTEAD, HP3 0AD - £497,500

ALBUHERA is a midsized extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £497,500 in July 2016, which was around 37% below the average July 2016 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

ALBUHERA Sold Prices

Land registry data shows two sales for ALBUHERA 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 ALBUHERA 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
2016 21 JUL	£497,500	£788,288	37% below HPI
1999 8 JAN	£172,500	£226,316	24% below HPI

ALBUHERA 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 ALBUHERA sales from January 1999 and July 2016 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 January 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is ALBUHERA?

ALBUHERA is 119m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 ALBUHERA lies on this distribution: 42% of detached houses are smaller than ALBUHERA, and 57% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

ALBUHERA: Plot and Title Map

ALBUHERA sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of ALBUHERA, 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 ALBUHERA). 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 ALBUHERA?

ALBUHERA is located on KING EDWARD STREET in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of ALBUHERA on KING EDWARD STREET.