Varney Road - HP1 2LB
Key Postcode Insights
HP1 2LB is a residential postcode situated on Varney Road, Hemel Hempstead, HP1 with 22 addresses.
It ranks as the 373rd largest and 29th most expensive of the 600 postcodes in the HP1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 22 properties: 10 houses and 12 flats.
- Ave. Sale Price
- £312,147
- 10 Year change
- up 10.0%
- Ave. Rental Price
- £1,415pcm
- 10 Year change
- up 41.3%
- Ave. £ per ft²
- £503/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
HP1 2LB is a residential postcode situated on Varney Road, Hemel Hempstead, HP1 with 22 addresses.
It ranks as the 373rd largest and 29th most expensive of the 600 postcodes in the HP1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 22 properties: 10 houses and 12 flats.
- Ave. Sale Price
- £312,147
- 10 Year change
- up 10.0%
- Ave. Rental Price
- £1,415pcm
- 10 Year change
- up 41.3%
- Ave. £ per ft²
- £503/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin HP1 2LB
- 1 Varney Road
3 Bed Mid-century House
- 2 Varney Road
House
- 3 Varney Road
3 Bed Mid-century House
- 4 Varney Road
House
- 5 Varney Road
3 Bed Mid-century House
Sales Market Trends
The last sale in HP1 2LB sold for £147,000 on 22nd December 2016. Since then prices are up an average of 6.1%.
The current average value in the postcode is £312,147.
The HP1 2LB Sales Market has increased by 10.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £312,147 |
| June 2025 | 1% | £314,089 |
| June 2024 | -1.4% | £310,974 |
| June 2023 | -0.1% | £315,367 |
| June 2022 | 6.8% | £315,668 |
| June 2021 | 3.1% | £295,439 |
| June 2020 | 0.4% | £286,514 |
| June 2019 | -2.8% | £285,481 |
| June 2018 | -0.5% | £293,807 |
| June 2017 | 4% | £295,320 |
| June 2016 | 16.2% | £283,882 |
| June 2015 | 9.2% | £244,324 |
| June 2014 | 14.5% | £223,681 |
| June 2013 | 5.2% | £195,361 |
| June 2012 | -0.6% | £185,710 |
| June 2011 | -0.1% | £186,781 |
| June 2010 | 14.2% | £186,943 |
| June 2009 | -14.1% | £163,728 |
| June 2008 | -1.8% | £190,709 |
| June 2007 | 0% | £194,186 |
Rental Market Trends
The current average rental value in the postcode is £1,415.
The HP1 2LB Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,415pcm |
| June 2025 | 4.7% | £1,358pcm |
| June 2024 | 7.9% | £1,297pcm |
| June 2023 | 7% | £1,202pcm |
| June 2022 | 7% | £1,123pcm |
| June 2021 | 4.2% | £1,050pcm |
| June 2020 | 1.8% | £1,008pcm |
| June 2019 | -0.9% | £990pcm |
| June 2018 | -1% | £999pcm |
| June 2017 | 0.7% | £1,009pcm |
| June 2016 | 6.7% | £1,002pcm |
| June 2015 | 6.5% | £939pcm |
| June 2014 | 7.9% | £881pcm |
| June 2013 | 3% | £817pcm |
| June 2012 | 1.6% | £793pcm |
| June 2011 | 3% | £780pcm |
| June 2010 | 6.4% | £758pcm |
| June 2009 | -6.7% | £712pcm |
| June 2008 | 2.7% | £764pcm |
| June 2007 | 0% | £744pcm |
Sales History
The last sale was on 22nd December 2016 for £147,000 and since then the market in the area has increased by 6.1%. The postcode has had a total of 4 sales since 1995.
HP1 2LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2016£147,000 | 1 Bed Flat9, Varney Road, Hemel Hempstead, HP1 2LB9, Varney Road, Hemel Hempstead, HP1 2LB
- Sold Sep 2013£310,000 | 3 Bed House8, Varney Road, Hemel Hempstead, HP1 2LB8, Varney Road, Hemel Hempstead, HP1 2LB
- Sold Apr 2006£249,950 | 3 Bed House8, Varney Road, Hemel Hempstead, HP1 2LB8, Varney Road, Hemel Hempstead, HP1 2LB
- Sold Dec 1996£102,000 | 3 Bed House6, Varney Road, Hemel Hempstead, HP1 2LB6, Varney Road, Hemel Hempstead, HP1 2LB
Nearby Postcodes
HP1 2LB is the 373rd largest and the 29th most expensive postcode out of the 600 postcodes in the HP1 area.
- HP1 2LD, Parkwood Drive, Hemel Hempstead, HP1HP1 2LD20 Addresses|65 m away
- HP1 2LG, Varney Road, Hemel Hempstead, HP1HP1 2LG7 Addresses|78 m away
- HP1 2LQ, Great Sturgess Road, Hemel Hempstead, HP1HP1 2LQ33 Addresses|85 m away
- HP1 2BH, Green End Lane, Hemel Hempstead, HP1HP1 2BH18 Addresses|105 m away
- HP1 2BJ, Green End Lane, Hemel Hempstead, HP1HP1 2BJ46 Addresses|105 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 11 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (7)
- mid-century flat (11)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (10)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jul 2025£485,000 | 4 Bed House37, Varney Road, Hemel Hempstead, HP1 2LW37, Varney Road, Hemel Hempstead, HP1 2LW
- Sold Apr 2024£450,000 | 3 Bed House29, Varney Road, Hemel Hempstead, HP1 2LW29, Varney Road, Hemel Hempstead, HP1 2LW
- Sold Mar 2025£440,000 | 4 Bed House72, Varney Road, Hemel Hempstead, HP1 2LR72, Varney Road, Hemel Hempstead, HP1 2LR
Schools Nearby
- Micklem Primary School300 m away
- Oakleaf Primary600 m away
- Pixies Hill Primary School900 m away
- John F Kennedy Catholic School400 m away
- Laureate Academy1.0 km away
- The Hemel Hempstead School1.5 km away
More reading links
Public Transport Nearby
The closest station to HP1 2LB is Hemel Hempstead station, which is 1.6 kilometres away.
- Hemel Hempstead|1.6 km away
- Apsley|3.5 km away
- Berkhamsted|4.5 km away
- Kings Langley|6.9 km away
