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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 23, Spring Lane, Hemel Hempstead is a mid-century freehold house with 1,302 ft2 of internal area and sits on a 322 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Spring Lane, Hemel Hempstead is £538,148 and the estimated rental value is £2,310 per month.
Spring Lane, Hemel Hempstead, HP1 is located in the borough of Dacorum within the HP1 postal district.
23, Spring Lane, Hemel Hempstead has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 23, Spring Lane, Hemel Hempstead is in very good condition we estimate a sale value of £565,056 and a rental value of £2,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,478 and a rental value of £2,148 per month.
Over the last 12 months the sale value of 23 Spring Lane Hemel Hempstead has decreased by an estimated £3,098 (0.6%) and its rental value has increased by an estimated £87 per month (3.8%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 23, Spring Lane, Hemel Hempstead sits on a plot of 322m2.
We have plot size data on 21 out of 25 other houses in the postcode and 23, Spring Lane, Hemel Hempstead sits on the 14th largest plot.
23, Spring Lane, Hemel Hempstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Spring Lane, Hemel Hempstead was last sold on 19th March 2021 for £460,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has risen 38.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Spring Lane, Hemel Hempstead within a radius of 570 metres over the last 2 years.
The most recent example is 24, Peartree Road, Hemel Hempstead, HP1 3QW, a freehold house which sold for £535,000 on the 27th September 2024.
Read more about house prices in HP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Hemel Hempstead, HP1 has a total of 192 addresses. According to our analysis of all the public data, 23, Spring Lane, Hemel Hempstead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in HP1.
The closest station to 23, Spring Lane, Hemel Hempstead is Hemel Hempstead station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Spring Lane, Hemel Hempstead, 38.8% of property is privately owned with a mortgage and 29.5% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, Spring Lane, Hemel Hempstead, 19.7% of residents are recorded as possessing school level qualifications and 37.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Spring Lane, Hemel Hempstead, the average age was 39.8 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, Spring Lane, Hemel Hempstead, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, Spring Lane, Hemel Hempstead, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
