7 Market Oak Lane, Hemel Hempstead, HP3 8JN is a freehold semi-detached property built between 1950-1966. The property offers approximately 1,281 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £497,508 , which equates to approximately £388 per square foot. It was last sold on 11 Dec 2020 for £428,000. Since then, the value has increased by £69,508, representing a 16.2% increase, or approximately 3.2% per year.

The current estimated value of £497,508 is:

  • 15.6% higher than the average property price on Market Oak Lane
  • 16.1% higher than the average in the HP3 8JN postcode area
  • and 8.9% higher than the average price for Hemel Hempstead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 June 2020, the property was recorded as owner-occupied.

View sold house prices in HP3 8JN

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
1281 sq ft
Tenure
Freehold
Price (estimate)
£497,508
Price Per sq ft (estimate)
£388
Bedroom Count (estimate)
4 bedrooms

EPC Summary

7 Market Oak Lane, Hemel Hempstead, Dacorum, Hertfordshire, HP3 8JN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 Jun 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully triple glazed.

The previous EPC assessment was conducted on 9 Jan 2014, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 18.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to HP3 8JN

2 nd / 11
Price Rank
16% higher than average
1 st / 7
Size Rank
42% bigger than average
7 th / 7
Price Per Sq FT Rank
18% lower than average

Compared to other properties in HP3 8JN , this house's estimated value ranks 2nd out of 11. Based on price per square foot, it ranks 7th out of 7 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 7 properties in its postcode area.

Sale History

Today
£497,508
streetscan.co.uk estimate
+16 %
11 Dec 2020
£428,000
Leasehold
+94.6 %
22 Oct 2012
£219,950
Leasehold
+18.9 %
15 Jan 2010
£185,000
Leasehold
+12.1 %
31 Jul 2002
£165,000
Leasehold
+101.2 %
6 Jun 1997
£82,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 872 sq ft
sale price: £205,000
sale date: 21 Sep 2012
rooms: 5
size: 926 sq ft
sale price: £378,000
sale date: 20 Oct 2023
rooms: 4
size: 883 sq ft
sale price: £432,500
sale date: 18 May 2023
rooms: 5
size: 1023 sq ft
sale price: £496,000
sale date: 6 Dec 2024
rooms: 3
size: 753 sq ft
sale price: £350,000
sale date: 19 Mar 2021

Data Sources

The property at 7 Market Oak Lane, Hemel Hempstead, HP3 8JN appears five times in the Land Registry records, with the latest transaction recorded on 11 Dec 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jun 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.