THE LAURELS, WOODHALL LANE, HEMEL HEMPSTEAD, HP2 5PT - £385,000

THE LAURELS is a large detached house of 149m², built sometime between 1991 and 1995. It was last sold for £385,000 in February 2003, which was around 7% below the average February 2003 detached price in the Dacorum local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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. One of the two THE LAURELS sales was for below the average price, whilst the other was 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
2003 17 FEB	£385,000	£415,072	7% below HPI
1999 25 JUN	£245,000	£234,891	4% above HPI

THE LAURELS 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 THE LAURELS sales from June 1999 and February 2003 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 June 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2003 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 149m² according to the EPC inspection conducted in April 2021. This puts it in the largest 40% 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 THE LAURELS lies on this distribution: 68% of detached houses are smaller than THE LAURELS, and 32% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on WOODHALL LANE in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of THE LAURELS on WOODHALL LANE.